SDL - Sundance Resources

[nikki]

i am intrigued by your manipulation theories? why would talbot not manipulate the stock to his favour? he has bought a lot at .54 .48. 51! like all of you i think the most annoying thing about SDL will always be its large number of issued shares. that is why i think the annoucement today was most interesting and very positive. the more talbot buys the less will be out there for those undisciplined idiots who sell as low as 12% down in one day?????

did anyone know the quarterly report was comming out and was the 1 million placement for 0.495 some sort of insider trading? i was so disappointed with the way they hid the announcement re the sampling. i always thought the management team was excellent at working with the market and doing the best with the smallest amount of information. that is why i think there was something strange about the way all that excellent information was hidden in a quarterly report????? it did not even get a proper mention in the highlights section to draw the audience to it!!!!! something is happening?

the thing that most annoys me is why the stock cannot stay above 0.50??? is this like CBH that has to toy with 0.6 all the time? how long before it breaks resistance of 0.53 and 0.56?

 

[tibby]

the thing that most annoys me is why the stock cannot stay above 0.50??? is this like CBH that has to toy with 0.6 all the time? how long before it breaks resistance of 0.53 and 0.56?

US markets need to settle for a few weeks, SDL will then move through the 50s IMO.....hopefully another 2 nights of green in the US to carry some confidence into next week.....Talbot group increasing there holdings to 16% is great and should give current holders the added reassurance they need to be patient over the coming weeks.......everyone chill out!!!!!!!

Only my opinion.....which counts for jacksh@t

 

[Pindor]

i am intrigued by your manipulation theories? why would talbot not manipulate the stock to his favour? he has bought a lot at .54 .48. 51! like all of you i think the most annoying thing about SDL will always be its large number of issued shares. that is why i think the annoucement today was most interesting and very positive. the more talbot buys the less will be out there for those undisciplined idiots who sell as low as 12% down in one day?????

did anyone know the quarterly report was comming out and was the 1 million placement for 0.495 some sort of insider trading? i was so disappointed with the way they hid the announcement re the sampling. i always thought the management team was excellent at working with the market and doing the best with the smallest amount of information. that is why i think there was something strange about the way all that excellent information was hidden in a quarterly report????? it did not even get a proper mention in the highlights section to draw the audience to it!!!!! something is happening?

the thing that most annoys me is why the stock cannot stay above 0.50??? is this like CBH that has to toy with 0.6 all the time? how long before it breaks resistance of 0.53 and 0.56?

I believe everyone had built in the expectation that the surface sampling would produce positive results - especially the company. There were no surprises and hence the nresults were not particularly important. they simply confirmed the earlier UN work. It is the drilling reporty that will indicate the depth and true extent of the deposit. In the meantime the buying is good at these prices.

 

[nikki]

What do you think of the placement of shares on behalf of Triangle Resources Fund? Anyone have insights into the potential of AMCI investing into sundance. I noticed the comment by the George that an AMCI geologist visited the site with him. The fact that they have put money in is very promising but why only $10 million?

 

[AussiePaul72]

What do you think of the placement of shares on behalf of Triangle Resources Fund? Anyone have insights into the potential of AMCI investing into sundance. I noticed the comment by the George that an AMCI geologist visited the site with him. The fact that they have put money in is very promising but why only $10 million?

Nikki, i don't have any big insight into this other than to see it as it is. It seems more than a coincidence that they have invested $10 million relatively soon after an AMCI geologist visited the site. Reading between the lines, I see this as very positive news. I might be way off track ....... but thats the way i see it!

 

[springhill]

ASX announcement Talbot group has increased their share holding in SDL by a further 50 million shares, bringing their holding to a total of 350 million or around 19% of the company. No suprise to me with the recent lull in price, wish i had grabbed me some more at 29.5 cents yesterday

 

[Piggy Bank]

Accumulated some more shares at 30 cents last week. Talbot was busy buying up too and now owns nearly 20% of the company. We are all still waiting to hear what the initial core sample results are? Market reaction to positive results I suspect will be good but slightly reserved given overall market sentiment. Less than positive results could have a very bad effect on the share price. Wonder why there is a delay...need to have patience I guess?

 

[vjindal]

Any news on SDL ..Slowly but steadly climing up to 45..It looks like should cross 50 by next month or so.

 

[springhill]

Any news on SDL ..Slowly but steadly climing up to 45..It looks like should cross 50 by next month or so.

My theory is its getting pulled along by the slipstream of GBG, its stablemate. GBG looks closer to getting its operation off the ground and investors start to believe that if GBG can make it why not SDL? Nothing like proven success to shore up confidence. Both very exciting and am happy to be in both.

 

[tibby]

There is some big buying going on right now...and on a Friday afternoon! Will be an interesting last half an hour...announcement maybe close? Something is brewing. Pushing 47c close??

 

[adobee]

There is alot of buying this morning as well.. Has anything heard anything re an announcement for SDL ?? I guess there is a lot of selling as well though ??

 

[AussiePaul72]

There is alot of buying this morning as well.. Has anything heard anything re an announcement for SDL ?? I guess there is a lot of selling as well though ??

Hmmmm .... this may be out of left field .... but i wonder if something is happening that incorporates both SDL & GDG. George Jones is on the board of both.
GBG made an announcement this morning that they are talking to a third party about an agreement ....wonder if this involves SDL aswell.....as both company SP have been surging over the recent trading days.
This may be completely wrong .... just crossed my mind though ...DYOR

 

[golfmos123]

.... but i wonder if something is happening that incorporates both SDL & GDG. George Jones is on the board of both.
GBG made an announcement this morning that they are talking to a third party about an agreement ....wonder if this involves SDL aswell.....as both company SP have been surging over the recent trading days.
This may be completely wrong .... just crossed my mind though ...DYOR

I guess we'll find out if you're right soon as according to the announcement to the GBG speeding ticket, there might be something coming on this by the end of the week. Looks like an interesting week anyway.....

 

[nikki]

it seems iron ore companies are generally doing well. anyone know if there is a connection between CFE's trading halt and GBG!!! I am guessing no because both would have to be in a trading halt for that.

i think Talbot has buying a lot and getting rid of resistance in the stock price for SDL. someoneone bought 1 million plus and removed .45 as resistance and then did the same at .48 at the close of businness on friday.

unfortunately the candlestick for both GBG and SDL mean that we are on the way down unless there is something interesting in terms of news for SDL. i am not sure if i am correct on this but we are waiting for test results from the samples that were sent to south africa a while back for sdl. i am hoping something good will happen soon because I am a little scared of what september will bring for all stocks given that it is usually the worst month of the year at a very dangerous time in the stock market cycle.

 

[tibby]

SDL added to ASX 300 today, effective after close of trade on September 21....now exposed to the bigger money of Instos and managed funds

 

[Fab]

Hi,

I am not sure where to post this question but I guess here is as good as anywhere else. When are the iron ore price due to be renegociated with China? I understand it is soon and it might have a positive impact on share such as SDL.
Also when is SDL due to release drilling results?

 

[Piggy Bank]

Can anyone explain to me in plain English what today's ASX annoucement means regarding the "secondary trading exemption" of the issued securities? Why has the announcement of the finalisation of this share placement improved the SP?

 

[nikki]

no idea what it means but the movement in price appears like a technical move rather than a news related one. i think traders must have seen the rejection of 0.495 as a signal that sellers had dried up. the move above 0.53 must have surprised some of us who know sdl well but it seems to have been manipulated by those riding the tide. there were several 500 - 1 million buyers around .53 who helped break resistance. the price has stablised around 0.53 and 0.535!!!

i thought that maybe the annoucement re the placement was a signal that some other news might be comming soon but who knows!!!!!!!!!!!!

 

[AussiePaul72]

Very strong days trading for SDL. It started out trading in the consistent 0.495 to 0.505 range on lowish volumes. The announcement was released at 10.44am but did not seem to affect the SP. Then within half an hour (12.30-1.00pm) the SP shot up to 0.53. For the entire rest of the afternoon, the SP traded between 0.52 and 0.545 on good volume.
I'd really like to know what triggered the jump in SP and strong trading at the higher level. Was it just cos the sellers had dried up? Was there an announcement leak into the market? Is there another reason?
As a holder of SDL i'm enjoying the ride

 

[IOT]

take off! wonder whats coming?
glad to see some movement after that consolidation.