SDL 0.00% 0.6¢ sundance resources limited

1.2cents will be next dead cat bouncing, page-63

  1. 2,539 Posts.
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    Hi Matt

    There has to be a reason why our "friends" did not choose to take the $5m to cause SDL more financial stress and risk end up in administration as suggested by the xyz888 team. These are all my speculations - is it possible that the African Governments have already made it clear that Mbalam-Nabeba will not be in Chinese's pocket even if SDL goes belly up? So if China pushed SDL into admin, they will be worse off because as long as SDL is still alive and kicking, they still have 14.07% of the company.

    I have also been thinking why they are so aggressively pushing our share price down and at the same time have their xyz888 team talking rubbish everyday to persuade us mum & dad shareholders to sell our shares (major holders won't be scared by them). My speculation is they need enough votes to pass something, e.g. a low ball takeover bid. This is especially important for them after they failed to have enough votes to vote against all those resolutions at the AGM. Who are the buyers recently when the share price is pushed down so aggressively everyday? Have they been accumulating these cheap shares to increase their voting rights for future use?

    Any useful comments from anybody is welcome.

    Cheers.

    Pikapika
 
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