SEA 0.00% 16.5¢ sundance energy australia limited

Ann: BOARD UNANIMOUSLY RECOMMEND RE-DOMICILIATION AND US LISTING, page-101

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  1. 1,492 Posts.
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    SEA reached 10c($1) a year ago , so I think it is a hollow arguement by mgt that it will be better valued and understood in US nasdaq.Who are mgt trying to convince? shareholders or themselves.I cant believe they would list as a knee jerk reaction to SP as peers in US are going through the same.
    What is left is the reference to being a simpler takeover target.
    One line of thinking I read , due to the capital intense nature of business , shale is a business for the big players
 
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