SDL sundance resources limited

flip the bird to hanglong...., page-2

  1. 8,602 Posts.
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    Hi (HomeBrand)

    The problem with this type of valuation asked for by Sundance,seeing the Directors are agreeing to sell at $0.57,is the valuers usually will say.It's valuation is allowing for a 10 or 20% +/- situation based on the share price over a period of 7 day's prior to a certain date.

    Brokers and Hanlong would be able to hold the share price down with the number of shares they have.
    That could be why the price has been held down and manipulated over many months.

    Regards
    Westcott.
 
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