Australian (ASX) Stock Market Forum

SDL - Sundance Resources

Jump to new
IOT said:
take off! wonder whats coming?
glad to see some movement after that consolidation.
Click to expand...

There is surely good news heading our way, from past experience the SDL "cone of silence" when it comes to announcements leaks like a sieve!!
Look for break and hold of previous top of 56/56.5 as a sure sign something is coming
 
I would hope so... or may be some big buyers created a euphoria and everyone just tag along.

There is no such thing call guarantee in life
 
This seems really popular today.. I am not holding but am thinking of jumping in for a quick buck... I have to think someone has been talking to someone about something...!!
 
I am in for a very small parcel .. (at the highest point mind you!!)
There is good depth on this as well!
 
If SP 300 is fuelling this firestorm... then this will not last....and going to return to 54/55 mark .. unless they found diamonds instead of ore at cameroon :)

you snooze, you lose
 
Risky Trader said:
If SP 300 is fuelling this firestorm... then this will not last....and going to return to 54/55 mark .. unless they found diamonds instead of ore at cameroon :)

you snooze, you lose
Click to expand...

I meant that the ASX 300 listing could be adding fuel, obviously the fire is set on a pending announcement...asx 300 listing is a great benefit to SDL...after September 21st SDL will have more exposure with the Insto's and managed funds that only buy in ASX 300 listed companies.........and as for the return to the 54/55 mark...diamonds, iron ore, dosent matter....this one may retrace as profit takers stag there profits...remember that only a few weeks ago this one fell hard over a few days to around 30c..profit takers may be looking at 100% return over the last month. Slow and steady wins the race and I have no doubt that this upward trend will continue as the company sheds light on its progress...dosent have to happen over night.
 
:bier::eek: SDL at an all time high of 63cents as I type
My contact mentioned it would be round $1.00 at end of year, didnt expect it to get there today. Slight exaggeration? Yes
Wonder when profit taking will kick in?
P.S I love you George Jones
 
thanks for the document. is the drilling data in the document from the UNDP study? hmmmm - did the broker announcement just tell us that they have nothing to say!!!:banghead:
 
I think there may be something else coming, the broker coverage may be just to minimise the chance of a speeding ticket from the asx
 
tibby said:
I meant that the ASX 300 listing could be adding fuel, obviously the fire is set on a pending announcement...asx 300 listing is a great benefit to SDL...after September 21st SDL will have more exposure with the Insto's and managed funds that only buy in ASX 300 listed companies.........and as for the return to the 54/55 mark...diamonds, iron ore, dosent matter....this one may retrace as profit takers stag there profits...remember that only a few weeks ago this one fell hard over a few days to around 30c..profit takers may be looking at 100% return over the last month. Slow and steady wins the race and I have no doubt that this upward trend will continue as the company sheds light on its progress...dosent have to happen over night.
Click to expand...

I can remember posting exactly the same thing this time last year when Bemax was admitted to the ASX300. AS it turned out all the "exposure to the insto's and fund managers" did stuff all for the share price. I know that mineral sands is a world away from Sundance but if you have a look at BMX announcements and b/sheet you would have expected a better result from ASX300 admission.

Duckman
 
Duckman#72 said:
I can remember posting exactly the same thing this time last year when Bemax was admitted to the ASX300. AS it turned out all the "exposure to the insto's and fund managers" did stuff all for the share price. I know that mineral sands is a world away from Sundance but if you have a look at BMX announcements and b/sheet you would have expected a better result from ASX300 admission.

Duckman
Click to expand...

Agree Duckman ... IMHO i don't think being admitted to the ASX300 is having a big influence at all ... not at the moment anyway. The last couple of days trading has been awesome ... big move in SP motoring through the previous high point today.
Reading between the lines of todays SDL announcement was ... 'Please Mr ASX don't give me a speeding ticket'. There seems to be something VERY BIG going on behind the seens with some very positive news... and whatever has been leaked is getting traders very turned on!! Of course this is only my opinion and wouldn't be surprised if i was totally off track .... what do others think is going on at present? Are we about to see a very positive announcement? :)
 
SDL.gif

This is an awesome chart, especially for those that are alaready on board. I will add to my list to monitor but it may be too late to get on board now. Good luck to all you holders.
 
Agentm said:
looks like a ramp to mme..

and should be treated accordingly, be wary of chartists..

good luck to all holders..
Click to expand...

Doesn't seem to be much point trying to ramp something here that has >1.8 billion shares. All forum readers going bezerk buying up together wouldn't make much impact on the SP anyway.

Hard to read todays ann as anything other than a speeding ticket avoidance as others have said. Also can't believe that it could be instos and others buying up early before it hits the 300 index in the hope of getting it a bit cheaper either. I smell a further announcement coming...we are due some lab results from the drilling program at some stage don't forget.
 
Yes well this chart isnt intended to ramp, but notice the almost identical 2 day movement patterns in june and then again in sept wonder if, as in june we are due for a high start, then fall and recover. If there is news afoot look for another cracker of a day tomorrow. Im leaning towards an announcement leak personally
 

Attachments

  • sdl1.jpg
    sdl1.jpg
    43.4 KB · Views: 107
buying has been all in ~.5mil all along.

Same person, same ramp, same effect, disguised badly- then the cover up attempt coz ppl caught on and joined the party.

(IMO)

Happy to be wrong!
 
1234 said:
buying has been all in ~.5mil all along.

Same person, same ramp, same effect, disguised badly- then the cover up attempt coz ppl caught on and joined the party.

(IMO)

Happy to be wrong!
Click to expand...

Hi Mr/Ms One Thousand Two Hundred and Thirty Four
Im finding your post a bit vague, obviously you have a theory on the rise today and a person in mind responsible. With all due respect would you care to elaborate? Cheers ;)
 
springhill said:
Hi Mr/Ms One Thousand Two Hundred and Thirty Four
Im finding your post a bit vague, obviously you have a theory on the rise today and a person in mind responsible. With all due respect would you care to elaborate? Cheers ;)
Click to expand...

Yes I have a theory, Yes I'll be vague! You know what I mean too...

Moving on no information, without any clue as to why anyone would trade at that volume, with no reason. A $1.2m trade went thru, on speculation backed by the fact the co. has good reason to believe it will do well, and people invest in it??? Massive infrastructure to go into place to boot, on a plan to be worldwide?? These trades don't even show, they just happen..

I don't have an issue, I bought in @ .36, sold for a quik buck - no complaints.. BUT c'mon?? Marketing is working well granted..


Is this the worlds worst kept secret, or next Poseidon ??



Oh, it's Mr :)
 

Similar threads

M
Exploring Trading Apps: Need Advice!
Replies
3
Views
928
greggles
greggles
Joe Blow
  • Sticky
Resources Rising Stars 2024 Conference Gold Coast
Replies
7
Views
2K
Garpal Gumnut
Garpal Gumnut
Richard Dale
  • Article
Resources for Systematic/Algorithmic Trading
Replies
12
Views
2K
Richard Dale
Richard Dale
T
EXPLORATION Formulas – A ‘Lucky-Dip’
Replies
2
Views
815
tonythekiwi
T
1
Best Resources for Newbies
Replies
11
Views
2K
divs4ever
divs4ever
Top