SDL 0.00% 0.6¢ sundance resources limited

do not sell today, page-2

  1. 5,130 Posts.
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    If we just concentrate on where it finished last night, 37c and how the market is viewing it, buys V's sells at 37c, then this should give us an idea of how the market will react today.

    Therefore, @ 37c,
    Buys = 5,248,378 bidders at and above 37c
    Sells = 322,122 upto 37c

    IMO, this indicates that the market recognises that Sundances announcement yesterday shows the price still undervalued. It will obviously be in a positive mode today as they are lining up to buy, not to sell, even taking into account yesterdays percentage increase.

    All good sign for a big day.
 
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