SDL 0.00% 0.6¢ sundance resources limited

thinking my way through

  1. 2 Posts.
    China needs controlled entities for expansion..so Hanlon, a private co jumps in to buy Talbots share..no coincidence in my opinion.Now we have a private co now put in a 50cent offer..again no coincidence.I cant believe this is happening without Chinas Gov urging..Hanlon has finance approval from a Chinese controlled Bank.Why is a Private co waving the Tigers tail.? .I think the answer lies with The Foreign Investment Review Board!!Approval must be given as a condition of takeover.There appears to be a connection to the Chinese Gov but not too tenuous to stop approval by FIRB for this mainly Australian IO asset.There is no problems from the national interest point of view because we have 100 years supply.So just this unique ONCE chance China must not stuff up.My firm belief is a twist in the storey will unfold before the months life span of the offer happens.Sundance will get its JV but no increase in offer price,Hanlon earn a majority share and provide finance(pre approved) Our Board will controll the final details...Sundance share holders will still have their shares,dividends,cap gains and CHINA will get their precious supply of iron ore product.ANY thoughts Sundancers??
 
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