SDL 0.00% 0.6¢ sundance resources limited

stagnant share ?, page-9

  1. 1,923 Posts.
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    If you have a look at todays trading, the SP fell .05 on very low volume which IMO was more a result of the overall market decline today and not as a result of any negativity in SDL.

    Have alook back over recent months at price and volume action. You will notice the decline in volume and price prior to the next move North where the volumes increased significantly along with the rise.
    Except for December where the volumes thinned significantly indication an exhaustion phase on the recent run. (The writing was on the wall)


    Sundance stagnating, I think not.

    I'm with squid on this one - more accumulating going on where the the shaking is removing the last of the old fruit.



    There was "No" effort at all today to sell the price down and there was no panic selling or stock dumping.


 
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