Yes, but not with a reserves update. Seen the huge cash influx and no sp raise, at one point was actually lower than cash, so all their property was free stock price wise. So, I am not sure the controlling hands care about factual value any longer. The more the macro stays screwed up, the more we are becoming a fundamental driven market, where technical realities are almost useless. I always get the feeling now they just wait till they see a bunch of their buddies jump in, then they jump in for the ride, then sell, because their too scared to hold on and lose money when the macro crashes again.
If the macro does not change, this fact may not change. I agree this is a great stock, not going to move on the ASX, so a move should help. But I find myself completely changing the way I think about investing, and Sundance is a perfect example. Value out the wazoo, and no one who matters cares. On the other hand, it does allow us lowly retail investors to accumulate more at a good price, when otherwise perhaps we wouldn't have been able to.
All IMHO
GLTA
- Forums
- ASX - By Stock
- SEA
- is it me or has someone else seen anything
is it me or has someone else seen anything , page-2
-
- There are more pages in this discussion • 3 more messages 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 SEA (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online