SDL 0.00% 0.6¢ sundance resources limited

new substantial holder..., page-4

  1. 1,944 Posts.
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    Myself and Sid have posted a few times over the last few months about the BOT trading SDL stock (normally buying).

    Today we find out that a US company The Capital Group Companies have been buying between Aug & Dec and now have a 5.43% stake in SDL.

    I see that this is positive news that an overseas firm believes there is a positive short/med/long term outlook to invest many millions into SDL over a 5 month period.

    They have also invested prior to new drilling results, and also prior to the partnership/JV being in place.

    I doubt any firm would invest millions of dollars if they didn't have confidence in SDLs future.

    Butchy.

 
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Currently unlisted public company.

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