SDL 0.00% 0.6¢ sundance resources limited

Ann: Market Update, page-16

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,891 Posts.
    lightbulb Created with Sketch. 101
    the way I read it

    this note holder conversion means

    more shares on issue by a substantial amount

    No money in the bank

    so CR required which means more shares on issue on top of more shares on issue because of failure of deal with ANS

    who will invest at the rate this company's board go thru money

    and at what price could you even raise knowing that there are billions of shares on issue from Noteholders who don't want shares only some of their $$ back

    will the Cameroon and Congo contracts/deals still be active after another fiasco

    what are any new investors walking into with new money

    are their loans outstanding or other outstanding(s) that need to be finalized

    would you tip in more money to this company ?

    I'm surprised the announcement today didn't come with resignations from board

    so

    there we are and there they are and there you are

    thats 2020 vision for y'all

    disappointed doesn't really communicate the sentiment man are feeling

    time for a dip

    ps: does Guilio still get his 200 m performance shares

    asking for a canary at the bottom of a coal mine
 
watchlist Created with Sketch. Add SDL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.