SDL
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0.00% 0.6¢ sundance resources limited

its not 50 cents it's 47.50 cents offer

  1. bloodymarry
    204 Posts.
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    28/07/11
    13:48
    Post #: 8739520
    If SDL has 70M in bank that implies Hanglong gets this 70M when they buy us at 50 cents which is 5% of the total offer of 1.4B they are paying, so they are valuing the project at 47.5 cents ....

    Think about it.
    SDL Price at posting: 53.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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