SDL 0.00% 0.6¢ sundance resources limited

Try to figure it out what is going on with SDL, I have to say...

  1. 3,731 Posts.
    Try to figure it out what is going on with SDL, I have to say there there are a lot of things have changed since the huge run up to 87c.

    The original 800mt DSO is simply not there anytime soon (a big story when its share price was at less than 8c).

    I cannot say SDL is expensive, but it pays to look around. There might be cheaper iron ore plays than SDL. In short term, I won't be surprised it it will drop further to 29c, where it was a major support/resistance level intersect the up tradeline.
 
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Currently unlisted public company.

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