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I'm pretty sure SDL'S only assest is CAM Iron in SA. They only paid 250k for this, and in shares I think. Infrastructure costs for CAM are high and its probable it will never get off the ground. In fact, considering this is their only real asset, and SDL'S market cap, its a bit of a joke that SDL are a listed company and how their market cap is justified..Apart from the aforementioned, SDL are sparse on announcements except for Appendix 3B'S in which they issue themselves/directors bulk shares regularily, and have a heap on issue.Fundamentally, SDL seem a bit of a Donkey. As far as a tradeable stock, they are sometimes. On no news whatsover they basically go from negligable volume to 20mil plus. A few big traders are onto this one (check their substantial holders announcements), and if you are in at the right time you can ride a bit of the momentum.
I'm pretty sure SDL'S only assest is CAM Iron in SA. They only paid 250k for this, and in shares I think. Infrastructure costs for CAM are high and its probable it will never get off the ground. In fact, considering this is their only real asset, and SDL'S market cap, its a bit of a joke that SDL are a listed company and how their market cap is justified..
Apart from the aforementioned, SDL are sparse on announcements except for Appendix 3B'S in which they issue themselves/directors bulk shares regularily, and have a heap on issue.
Fundamentally, SDL seem a bit of a Donkey.
As far as a tradeable stock, they are sometimes. On no news whatsover they basically go from negligable volume to 20mil plus. A few big traders are onto this one (check their substantial holders announcements), and if you are in at the right time you can ride a bit of the momentum.
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