SDL 0.00% 0.6¢ sundance resources limited

0.49 barrier

  1. 169 Posts.
    I've only held SDL for a few months but in that time have followed the story and this forum with great interest. Like many I'm not convinced that .50 cents represents fair value, but if this is the only feasible offer on the table then I suppose we must wear it.

    My issue however lies with the apparent barrier the SP is repeatedly trying to climb at 0.49, I'm relatively inexperienced when it comes to investing but looking at the course of sales it seems every minute or so a sale of 1 share goes through at 0.49 whenever the SP tries to edge over.

    Could someone elaborate on why this might be occurring?

    Cheers,
 
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