SDL 0.00% 0.6¢ sundance resources limited

SDL finally changing to its circumstances (no cash and $90M of...

  1. 48 Posts.
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    SDL finally changing to its circumstances (no cash and $90M of debt). Porter must have more motivation as he is the only director with shares in the Company (a couple of billion of them owing him $11M, now only worth $6M). I suspect he would look for a takeover which is more possible now that iron ore is +US$60/tonne. Anything above 0.5 cents he is ahead.
 
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Currently unlisted public company.

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