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More than one Plan B up Sundance’s sleeveFinancial Review Street...

  1. RevelsCat
    4,557 Posts.
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    26/02/13
    16:25
    Post #: 11469074
    More than one Plan B up Sundance’s sleeve

    Financial Review Street Talk

    Sundance Resources is hoping to bank some cash from Hanlong Mining in an effort to show the market its Chinese suitor is serious about completing the $1.4 billion takeover at 45¢ a share.

    *Sundance Resources talking with South Korea`s Posco* while Hanglong Mining`s bid stays in play

    Could explain today`s price action
    SDL Price at posting: 28.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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