SDL 0.00% 0.6¢ sundance resources limited

Are the Big 4 doing SDL a favour?, page-24

  1. 3,850 Posts.
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    Great find Pika

    My point exactly

    "The logic behind that investment is that it ensures that the company is properly funded "until it makes the decision on whether to proceed"

    Its skewed in Favour of our Strategic investor, if they don't proceed we are screwed. They convert and take over the company for a song.

    Cheers
 
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