SDL 0.00% 0.6¢ sundance resources limited

devander

  1. 4,326 Posts.
    you posed a question re the selling of SDL.

    i can tell you its not Talbot selling. As a substantial holder he needs to notify the asx.

    imo the SDL shares price is nothing out of the ordinary, its fluctuating in the market as its always done, its a traders delight and the data shows just that.

    For the month of August
    Commsec accounted for 139mil traded for a net change of -2mil shares
    D2MX (trader dealer etc) accounted for 40mil traded for +2mil shares

    For the month of September
    Commsec accounted for 90mil traded for a net change of +9mil
    D2MX accounted for 30mil traded for a net change of -2mil


    As for sellers
    Patersons have been the big seller, they have also been selling down FML, they are underwriting a $100mil deal for AXM of which they would need to cover up to $50mil.
    They have sold down over 17mil shares in September alone and a further 8 mil in August. Hartley also sold down 8mil shares in august.


    Davo77
 
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Currently unlisted public company.

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