SDL 0.00% 0.6¢ sundance resources limited

negotiations 40 cents or 50 cents, page-3

  1. 317 Posts.


    Well if hanglong is offering 40cents for our shares,thinking that the stock is overvalued then why don't they sell their?

    Now if they don't want to sell, that shows sdl is worth at least 40 cents, adding a premium to it like in any take over, which in most cases is true about 50%. That make it 60cents. that should do...

    This "reasonable price"negotiation reminds of garage sales and second hand market. hanlong think they are buying rice from the farmers..


    cheers
    bouhr
 
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