You won't see any substantial movement in any direction util news Positive or Negative comes out. The SP will hover around the .10 level + (or) - for some time to come.
The market has placed the SP based on the current state of play and given Sundance past history, many hold reservations as to company's ability to get any deal over the line.
Sundance's History has been built around tragedy, Criminal behaviour and corruption and never ending delays.
Many have been burned and are now wary as to companies credibility and ability to close out on any sort of deal.
More negatives than positives thus far.
Some on this forum are wearing rose colored glasses, and only see upside potential. Living in the hope of becoming rich with grandiose dreams of a $3.50 SP.
Truth is if the board fail this time, I honestly think Sundance is a dead duck and will collapse.
A short term target of .20 is even doubtful at this point of time.
"Say it as it is, not what you want it to be".
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