SDL 0.00% 0.6¢ sundance resources limited

cap raise

  1. 358 Posts.
    Hi Everyone - whatever the reason for the cap raise, it will only strengthen SDL's position. We are at the pointy end of negotiations and better a cashed up solid company that can continue to do what it does than one that is hampered. We can continue to add to our resources base. Trust your management, they are no fools. We really need to think about the bigger picture - as they do. The SP may go a bit lower, who knows, but when the ducks line up, it will pack it back on in a few days. Remember, the SP bleed has been slow and not impulsive. I sense that the move up will be impulsive.

    This is the future of a company that is destined to be a blue chip that we will remember like we do Fortescue. If our management sold out early for a quick buck, they would not be doing the right thing by us.

 
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Currently unlisted public company.

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