SDL sundance resources limited

Ann: Placement , page-77

  1. 317 Posts.
    Hi Guys

    I said yesterday before my post was moderated that HOWLONG is not capable of proceeding with the take, the reason that it is only worth Approx $3billion that was before the market starr crashing.

    So if any bank can lend the money to HOWLONG can as well lend to SDL in that regard.

    I think Howlong is setting up the game for another player to kick the goal.

    As for the placement it was well expected due to cash burn that well only last till the end of this year, but not at this huge discount. My assumption is that the shares were placed to someone in link to HowLong,if was to someone else they would have paid market price or premium.

    As for the technical $0.25 and $0.3 is becoming more like a medium term support and considering the situation in Europe it will only add more pressure on the share price.

    Now for the sake of the moderators, i believe this management has lost it credibility and honesty toward shareholders, it seem like they are more than happy to keep us in the dark and do everything in their ability to make howlong and their colleagues happy. well done management.

    One last thing i like to say, is that since Howlong came to play it becoming more stinkier in the house.

    So management please and please get red of this ugly and dirty beast.


    Cheers

    Bouhr
 
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