SDL 0.00% 0.6¢ sundance resources limited

are hanlong going to announce partner, page-12

  1. 1,116 Posts.

    Baukaw says ....
    comical those that think we are better off without China/Hanlong

    I'm not sure why you are trying to discredit the views of others when most are saying we'd be better off without Hanlong and want to deal directly with State Owned Chines Steel Mills

    What is comical is that you are singing the praises of Hanlong as we are equal to a 2 year low.

    The price was 67 cents at the beginning of 2011, and is at the lowest its been since. And the single biggest reason is that Hanlong are a laughing stock in the investment community, and now Sundance management are rightly being scrutinised for going along with the Hanlong charade for so long.

    A 60% fall over 2 years, and now 50% below the original offer price.

    Yes it could be worse, but it could also be so much better. A short term share price drop is the price to pay for lifting the 45 cent ceiling.

    I have no idea what the future holds, but it is funny how the YES45 all have certainty what that the share price will be if the deal falls (some say 10 cents, some say 18 cents, but all are certain)

    The YES45 crew, however, never look ahead to the future and the potential benefits of Hanlong out of the picture


 
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