Normal
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
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
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