SDL 0.00% 0.6¢ sundance resources limited

Is anyone using this opportunity to top up on Sundance?Some of...

  1. 325 Posts.
    Is anyone using this opportunity to top up on Sundance?

    Some of the headwinds facing the stock:

    * Rotation of (hedge) fund managers out of commodities - lock in the profits
    * Contagion of European debt crisis - Portugal may knock on ECB's door for bailout package (Spain next?)
    * QLD flood producing negative sentiment on resources
    * Further interest rate tightening in China and other emerging markets
    * Support broken

    I personally believe in dollar cost averaging - it could be a good opportunity if your mindset remains long-term (i.e. production) and not on the noise.


 
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