SDL sundance resources limited

new offer price, page-20

  1. 524 Posts.
    Someone said this on HC before and were shunned for saying so, but the more I think about it the more it screams truth.

    Hanlong have no intention of ever following through with the takeover and never did.

    Hanlong is simply a middle man wanting to hold a position between SDL and a larger takeover bidder and will weezle there way into any deal to make a quick buck whilst making a name for themselves.

    I dont think Hanlong thought it would take this long to achieve this and didnt expect SDL to become less attractive as the price of IO crashed.

    So they dropped the price to 45c as to make it look again more attractive to alternate bidders.
 
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