SDL 0.00% 0.6¢ sundance resources limited

the market could give you the sign

  1. 777 Posts.
    below is a graph showing the share price and volume of SDL going back two weeks before the Noble deal was announced.

    Either the "chinese walls" weren't working too well on St George's Terrace or it was an awful coincidence that the share price rose about 28% in the 7 days before the ASX stepped in and asked the question.

    Either way the market let us know the announcement was coming. If the next announcement goes anything like the last, it wouldn't be to hard to know when to jump on board if you are a bull about SDL's prospects in Africa.

    So what if you have to pay a few cents extra for the fare, according to some, one SDL share is really worth $3.50.


    SilentO

    The usual warning that this is not investment advice applies to this post, like all my posts. Happy investing/trading.

 
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