SDL 0.00% 0.6¢ sundance resources limited

all africa, page-8

  1. nk
    3,086 Posts.
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    yo taboon

    the last time I traded was buy at 50 sell at 55

    I've been waiting for a signal since to have another crack

    alas the end is nigh. I thought if it hits 15 I'll get in

    why bother? the asx is stuffed full of bargain stocks with better risk/return

    I post so that punters are clear that the risk now attached to thsi stock is massive;

    I'll repeat: SDL have to be in a postion to start building infrastructure in 2009 or something bad might happen to their deal with Cameroon.like they might lose it and some Chinese outfit comes along slides some money into a few pockets and et voila! Do you know the full details of the deal with cameroon which underpins this stock?

    the chances of SDL getting finance in the next 12 months are remote. the reason is that the modern western financial system is facing its biggest crisis in history. it will take more than a year to fix, maybe two or three.

    The european/US banks are shattered. they run to the Chinese and Arabs for capital.

    the investment universe has turned on its head and punters need to reposition their capital accordingly and not waste years waiting for their favorite stock to turn around
 
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Currently unlisted public company.

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