Hi Baukaw, this is laughable. I posted this earlier for Andres but after reading your post I have to post an altered version again for Sundance. It's like you guys are reading from the bidders statement for DML: "There are significant operating, development and funding risks associated with Sundance" "There have been no alternative offers for Sundance to date." "The Offer provides you with certainty of value amid volatile markets." "The certainty of the cash consideration under the offer should be compared against the risks and uncertainties of remaining a Sundance shareholder." "If you do not accept the offer you will be exposed to sharemarket and liquidity risks." "Sundance's share price may decline if the offer is not successful" "The market for Sundance shares may become less liquid if Hanlong doesn't acquire 100% of Sundance"
Everyone seems to be reading from the same script or is this in a book somewhere?
"If its so cheap....why has no other player EVER bought a position, entered into a JV or had a crack at us....EVER"
Easy to answer that one. Everyone has been waiting for the mining permits.
SDL Price at posting:
35.5¢ Sentiment: Hold Disclosure: Held
