SDL sundance resources limited

start counting the money, page-74

  1. drs
    1,110 Posts.
    lightbulb Created with Sketch. 11
    Matt, you said:

    " Whoever takes up 50% will very likely swallow up the other 50% within 6-12 months IMO anyway"

    Why wait? Anyone who actually wants the whole now will bid for the whole now whilst the price is lower. If they look to pick up the other 50% down the track it will be after they have already come onboard, and as a result the SP could be much higher then and the balance of the 50% could be much harder to obtain.
 
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