SDL 0.00% 0.6¢ sundance resources limited

low ball chinese bid tossed out , page-30

  1. 10,494 Posts.
    Hi Baukaw, lets not worry about the bear, muppet or rat for the time being.

    Let's focus on the CHICKEN.

    So, why are you so worried about us puny minority HC retail muppets playing CHICKEN with HanLong risking China storming out of the bid with no warning leaving us high and dry for the next 12 months (let's entertain the ludicrous notion the Africans and HanLong's PRC masters are very happy to stall for ANOTHER 12 months) ??

    You have stated repeatedly the hedge funds and teh majority of retail holders will take the 45 cents bid in the absence of a counter-bid. All good and dandy then ?

    The fact of the matter is the hedge funds hold the key to the success or failure of the 45 cents bid.

    QUESTION) Are you implying that you have no absolute confidence that the hedge funds will back the deal at 45 cents ??

 
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