If you are thinking of saying yes to the TO offer, simply sell today at a 1.5% premium above the .50 bid it's that simple. Exit now and begone and good luck!
If not, just tell them to pi55 off.
Sundance are, and have been in negotiations with Hanlong and the Cameroonian Govt in China recently and I suspect there will be more negotiations to come. I wouldnt be expecting any answer soon.
Bottom line for me is I am holding out the hope that Sundance retains control of the Co.
SDL Price at posting:
52.0¢ Sentiment: Hold Disclosure: Held