Hi Ace, all I am prepared to say is that anything and everything that has been done to keep the share price where it is would be done so within the law.
Given the Hanlong insider trading disaster (which could prove in future to be a godsend retrospectively), I wouldn't be surprised if ASIC has been closely monitoring trading closely IMO.
I see the verbal and written statement that Sundance is a $3.5 company when developed as a disclosure exercise. If a company keeps banging on about a major re-rating, it can't do so without telling investors what the intrinsic value of the company is (in this case based on Ebita).
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