"During the quarter Sundance commenced discussions on the process which will resolve the Hanlong shareholding in Sundance. It remains unclear what the final process will be. Notwithstanding, Sundance remains in close contact with the relevant Chinese authorities and we expect to see progress on this in the June quarter"
You are reading too much into this. This appears to be just a technicality following the trial and execution. Has Hanlong has been wound up because their website has disappeared.
SDL Price at posting:
2.1¢ Sentiment: None Disclosure: Held
