SDL 0.00% 0.6¢ sundance resources limited

Ann: Pause in trading, page-75

  1. 6,565 Posts.
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    In reality u talk like a noob my friend with empty pockets...not a Chinese investor with big pockets...If you are going to talk about the NOTES being subject to shareholder approval be sure to mention that by converting the notes SDL will be DEBT FREE.

    The majority of shareholders will vote in favour to support this as nobody wants to go into any future negotiations with any funding or equity partners with a debt hanging over their head. It just complicates things as no funding partner would want to take on the debt of another company..
 
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