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0.00% 0.6¢ sundance resources limited

Ann: Ore Reserve Upgrade to 352 Mt of High-Grade , page-21

  1. Doogs
    2,196 Posts.
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    15/11/11
    15:38
    Post #: 9289537
    re: Ann: Ore Reserve Upgrade to 352 Mt of Hig... My question is, if any other bidder serious why wouldn't they be accumulating shares NOW? What's the worst they could do, according to most here? 57c apparantly.If they counter bid to, eg. 70c then Hanlong will have to match, so they make more on the shares accumulted, or if they win then the ones they purchase now are a bargain. Yes we have to see >5% for a notice, but the number of shares traded does not point to any accumulation fron anyone of note, imo. Any other ideas on this? Don't even know if Hanlong themselves are accumulating?

    Something stinks here, imo, and its not my 2yo I've changed him twice already.
    SDL Price at posting: 41.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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