annoucement here., page-9

held up in a volitile week. New float with management predominately from the USA - check out there web site Sundance.com. au. THe promoters who raised $7.75million oversubscribed, have been crossing ample of stock, meaning IMO that investors happy with appox 40% return in weeks BUT new investors getting set for major upside. the ipo offered 38.75million shares by Euroz. Total number of shares totaling to 78.75million.
risk is spread in that they have leases in Cooper Basin and Woodgord Shales, USA.
Both will be drilled shortly.
Sundance is also aquiring five more interests the the cooper basin.

Directors interests total 38383599 shares means that

###only 38 million### shares on issue to the public.
A sniff of oil will send these very high. Examples are Tomahawk. Petsec, Innamincka.

Good luck to all but do your own homework