SDL sundance resources limited

poor little john

  1. 2,088 Posts.
    http://www.heraldsun.com.au/ipad/good-time-to-shop-for-woolies/story-fn6bn4mv-1225993861980

    ACCORDING to Sundance Resources there is no reason for its shares to be falling.

    Yet, they lost another 5.2 per cent yesterday after a negative response to an ASX query about a previous price slump.

    As the old saying goes, the share market is always right and after a very impressive rally that took its shares as high as 66.5c, the fall to yesterday's close of 46c is sending a clear signal.

    And that signal is that it is a good time to avoid the promising mining explorer in the Congo and Cameroon, at least until the outlook clears.



    I guess John has never head of tree shaking before? He is going to miss out on a big re-rating for SDL.

    DYOR
 
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