SDL sundance resources limited
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flip the bird to hanglong...., page-7

  1. yowie013
    629 Posts.
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    03/07/12
    10:57
    Post #: 10386396
    it would not surprise me one bit if the NDRC delay is also in part due to the low SP. NDRC might be saying to Hanlong - why should we give you approval to buy a company for $1.5b that is currently worth only $1b?

    Perhaps NDRC are putting the pressure on Hanlong & SDL to renegotiate the terms of the SIA - downwards.


    SDL Price at posting: 33.2¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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