SDL 0.00% 0.6¢ sundance resources limited

Ann: ANS: Proposed $100m Placement & Strategic Investment in Sund, page-98

  1. 1,565 Posts.
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    unfortunately not Serena

    you have some Weeks to wait I'm afraid
    possible 2 months (8 weeks)to get the details sorted before trading resumes

    this is a time for both frustration and consideration
    IMO as the scale of what is unfolding dawns on people
    then they will fully understand this doesn't happen every day
    even every ten/hundred years

    This is a major development that suits the times
    this will require many billions of dollars

    if all SDL options are exercised at 2cents that will give SDL $410 million
    which is great but at the cost of 20 billion+ extra shares

    either way those would have to be exercised at 2cents.

    ANS will get 50.8 percent of SDL therefore 50.8 of any profits
    ANS will be watered down by 7 billion shares ATM. for some of that investment

    IMHO its still a win for SDL holders
    and obviously a win for ANS who looks like becoming the
    investment vehicle for China in Australia/Africa for Iron ore and associated infrastructure projects,

    Only the brave would do this lol (prediction)

    SDL is capped by the 2 cent options (20 Billion+) so will trade near that but at a sl discount on ending of suspension
    ANS will open very close a billion dollar MC -- which would be about 7.5 cents
    Based on everything proving to be as it seems and the hype we are going to see in the coming weeks

    This is all conjecture and guess work on my part and in no way forms financial advice

    Really - DYOR
    Last edited by really: 26/09/18
 
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