SDL 0.00% 0.6¢ sundance resources limited

"The conclusion here is do not invest in Africa."Over-simplified...

  1. 3,910 Posts.
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    "The conclusion here is do not invest in Africa."

    Over-simplified IMO.

    The conclusion for me, which I acted on via selling @ ~50c, was it is imperative that companies operating in Africa have financing options other than relying on the Chinese.

    SDL had a number of financing options available when Talbot was alive. Those financing options left the building when the plane crashed.

    When the facts/circumstances change, assess whether you need to change your position.

    Cheers!
 
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