SDL 0.00% 0.6¢ sundance resources limited

Biscuit, we all could be wrong here, but I'm doubtful that the...

  1. 2,614 Posts.
    lightbulb Created with Sketch. 268
    Biscuit, we all could be wrong here, but I'm doubtful that the stock would go much lower than 35c (if it does) unless the market goes in free-fall or the fundamentals of SDL change. So IMO it's a very risky approach to sell at 35c with the view to buy in at alot cheaper.

    Obviously if you need the free cash for every-day purposes then sometimes you might be forced to sell at the current market price, but selling with the intent of buying your parcel back cheaper has a big element of risk in this case.

    What I'm saying is that It's probably a safe bet that SDL will not be re-visiting 25 cents.


    I agree completely with foxtrot and the others who've responded to your comment.
 
watchlist Created with Sketch. Add SDL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.