SDL 0.00% 0.6¢ sundance resources limited

$4.6billion capex=bhp 3monthly profit $5b+, page-28

  1. 23,661 Posts.
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    everyone just needs to calm down. Its only been 8 days since offer was made. The bid is low ball as to be expected in any auction/bid process. Hanlong could very well make a higher bid but it wont come 2 days after initial bid. I do beleive however that the longer they take to make the next step, the more likely they will start to loose face as a credible force to be taken seriously.

    Currently brokers have this stock priced anywhere between 65c up to 100c on sound valuation metrics and conservative IO pricing.
 
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Currently unlisted public company.

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