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0.00% 16.5¢ sundance energy australia limited

potential take over target

  1. atuzai
    5 Posts.
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    28/09/12
    14:30
    Post #: 10786817
    http://www.businessweek.com/news/2012-09-27/shale-takeovers-looming-as-texas-discounted-in-australia#p1

    Adelaide- based Sundance Energy Australia Ltd., which last month agreed to sell a North Dakota asset for more than the company’s market value at the time, could lure bidders with its remaining acreage that’s worth at least five times more than what’s reflected in the share price, said Bell Potter Securities Ltd.
    SEA Price at posting: 75.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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