Lim,
According to the business channel on Fox, the market is being weighed down by the resources stocks. The market is off 6% (this year I think) whilst resources are down by 12%.
If you equate that to SDL and use Hanlongs purchase price of 40.5 and assume that was fair value, that would put SDL at about 35.5.
Maybe we are roughly where we should be prior to any more solid news.
Cheers,
KB
- Forums
- ASX - By Stock
- SDL
- i'm a believer
i'm a believer, page-9
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SDL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CC9
CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
SPONSORED BY The Market Online