SDL
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0.00% 0.6¢ sundance resources limited

AntrojectsWhile I respect your opinion, I don't understand your...

  1. yo-yo
    325 Posts.
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    03/10/11
    10:48
    Post #: 9040164
    Antrojects

    While I respect your opinion, I don't understand your reasoning. Prior to today, the market didnt only price in a 50c T/O bid, it also priced in the chance that Hanlong could walk away. From what I can gather, we are about to receive a relatively more binding offer with a 14% premium on top of the previously uncertain offer. Yes, some may choose to sell when the trading halt is lifted. But from a logical point of view, it makes more sense that holders will be more comfortable holding SDL when a firmer and more attractive bid is made by Hanlong. Happy to be proven wrong..
    SDL Price at posting: 43.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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