Iv got some info that should make you all laugh and realise how stupid the media and market pro people are. Was watching "your money your call" on foxtel and some guy from the public wants to invest in SDL and wanted the panels oppinion. So they start by saying sundance have a market capital of $200 million dollars,and are in oil & gas exploration,until they realise there talking about SUNDANCE ENERGY! Once they realsied, they started talking about SUNDANCE RESOURCES,saying they have a good amount of ore,a whole 400 million tonnes of it."what about the other 2 billion"? Said there a speculative stock,thats why they were 65c and plummeted to 38c a few weeks ago."nothing to do with the nuclear scare".Then they said they have a hefty market capitol of 1.2 billion dollars,but wanted to know do they have any money in the bank? lol. I couldnt stop laughing!! These guys are pro brokers? This really shows how mis-informed information can have a false impact. These guys should do at least 20 mins research before they start talking about something they have no idea about.lol Iv recorded it and kept playing it back and lauging. Gotta love the media.
Cheers Indigo
SDL Price at posting:
46.5¢ Sentiment: LT Buy Disclosure: Held
