SDL 0.00% 0.6¢ sundance resources limited

it's a nervous buy, no solid support on volume and buyer at this...

  1. 438 Posts.
    it's a nervous buy, no solid support on volume and buyer at this stage. Two thing I would look forward to hear for this stock at the moment are annoucement of finance partner or a take over offer at premium. Other than that nothing on the horizon to support any upward trend in the near term. It would be the most suicidal thing to do if they even mention about share consolidation at the moment as this share has found the bottom line.

    Any consolidation right now would force readjustment and a new bottom line will have to be found again mean the value will be much lower. This is the crazy time where nothing make sense. Iron market look like gona be flat this year so you can't count on the demand either.

    Well if you are in this one, in it for a longer term. Just buy and stuck away under your bed and forget for 3-5 years.
 
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Currently unlisted public company.

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