SDL sundance resources limited

Ann: Suspension from Official Quotation , page-10

  1. 12,145 Posts.
    lightbulb Created with Sketch. 1774
    issuing new stock isnt always a negative. They may have interest from an institution that wants to buy into the registry but cant find a current holder willing to part with enough of their stock... or doesnt think they can get enough on-market without pushing the price up too far. That could be a very good announcement - especially if they are willing to pay a premium to the current price. If SDL had such an external interest - why wouldnt they consider issuing shares to raise capital and ensure that they dont run out if negotiations re project financing drag out. It could equally be a bad announcement if they significantly dicount the share price. I am intrigued to see.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.