SDL 0.00% 0.6¢ sundance resources limited

will never make $1.50, page-19

  1. 974 Posts.
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    Being an oldie and a one finger typist ,I do not post all that often. Ihave been in/out of SDL ever sence Ken Talbot put up some initial seed capital for this project,Im a strong believer in "following the smart money".
    I do not think the price will ever get to $4-5 dollars....the Chinese will cap it at the takeover price and wait and .... wait.You can see the frustration that this is producing RIGHT NOW ON HC to shareholders.
    I HAVE a feeling the Talbot shares cost Ken around the .40 cent mark,so no real profit at a sale price of .44cents several years later..UNLESS the Talbot Group have an agreement with Hanlong ,to increase the sale price to the takeover price IF that should happen...and of couse it will.This could why they sold now as they will still benefit from any takeover.
 
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