SDL 0.00% 0.6¢ sundance resources limited

50 per cent increase , page-17

  1. 365 Posts.
    lightbulb Created with Sketch. 43
    Agreed Bretzki. There is far too much stock movement in the market prior to announcements, not just on SDL, but many other stocks for information leakage not to be occurring. I would have thought formal takeover offers would need to be announced, but perhaps there is some play for the board to tell them to go away and sharpen their pencils a bit before coming back with something up to standard. I would understand they would not want anything getting out and then falling over, as per the GBG attempt. Personally I would rather them take it to production and push the SP over $4, rather than take the $1 now. Traders will have another opinion obviously.
 
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