SDL 0.00% 0.6¢ sundance resources limited

another hunan valin scenario - full take over

  1. 10,494 Posts.
    HV may in fact launch a FULL corporate take over bid for all SDL shares including those held by Hang Long conditional upon say 80% acceptance. This bypasses the legal minefields that may accept Han Long for at least a year if NOT more.

    It will HAVE TO up the offer at a premium (thanks to those chinaman in Han Long who decided to make a quick buck on the side - so Chinese).

    HV would also need to raise the bid to a level that will face minimal resistance but in the overall scheme of things is still chicken sheet money to the hegemonic Chinese communist.

    I would suggest $70c - $80c cannot be ruled out.
 
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