Sundance shares placed in trading halt
12 min ago
Industries
Resources and Energy
By a staff reporter
Sundance Holdings Ltd shares have been placed in a trading pending a release to the market by group.
In a statement to the Australian Securities Exchange, Sundance requested its shares be halted until the commencement of trade on Thursday, following media reports that Glencore could be a potential suitor for the group.
Sundance has been in protracted takeover talks with Chinese suitor Hanlong and is understood to be in China this week to continue discussions.
However, The Australian Financial Review reports, Glencore is a "very interested" Plan B for Sundance.
Sundance shares last traded at 21 cents.
Sundance shares placed in trading halt12 min ago Industries...
-
- There are more pages in this discussion • 86 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)