I was highly suspicious of the buying this morning and the increase in share price and told my mates to watch it will drop my midday and sure enough it has.
I reckon it was getting pushed up this morning to suck in more buyers before the dump.
With no real news, imo, for at least a month and no real fix in the world markets we could be headed lower.
I have buy orders in in the low to mid 30s - may or may not get there - we will see.
Longer term no problem, there's 70 to 100 per cent upside imo, but those hoping for news in the fy report this week will be sadly disappointed imo.
SDL Price at posting:
38.5¢ Sentiment: None Disclosure: Held
