SDL 0.00% 0.6¢ sundance resources limited

mention on business spectator this morning, page-23

  1. 22 Posts.
    I think so too, but I'd be lying if I said I wasn't nervous.
    I have had 3 big positions (for me anyway) in bulk commodity stocks for the last few years I bought on the same thematic as SDL, being a big stranded resource, with infra or financing issues. I figured that the emerging world needed the resource so capitalism would 'find a way' to get the resources to market.

    The first was RIV, while it did get taken out, I was certain I would have gotten a higher offer from India than what Rio paid. I thought i'd get $20 per share.

    2nd was BRM, while it's well in the black it has certainly not panned out the way I expected and I thought we would get a counter offer before WNM got hold 50%. My hopes of $8-$10 per share now seem a trifle optimistic, but it's not over yet....

    Lucky last is SDL.... I won't state what I am hoping to get relieved of SDL for, since I don't want to curse us all.... Not long to wait now.



 
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