Hi DRS, look in any case I think that WE have another month at most of the current sp being maintained within this range.
Will there be a cap raising. It's possible so are many other events in life. Is it likely, doubt it. Unless Sundance does not have 1 bidder for the asset come end of the year. In that case, why would you buy SDL shares at cap raising time anyway ?
You can assess the fundamentals and all the circumstantial evidence of what is happening and make a call (including whether the ASX announced infrastructure tendering and asset equity sale is fiction).
Nothing is without risk.
SDL Price at posting:
7.8¢ Sentiment: Buy Disclosure: Held