Quoted "Wafin will have the right to appoint a representative to the Company’s Board if its total shareholding in Sundance exceeds 12.5% of Sundance's total issued share capital"
"Wafin is a Jersey based investment holding company that is beneficially owned by Mr Bogolyubov. Mr Bogolyubov is a strategic investor with abroad range of private industrial business interests, including across all parts of the steel and ferroalloys value-chain, which operate throughout the world including Australia, Africa, the Commonwealth of Independent States, Europe and North America".
Unquoted:
"Someone" is accumulating SDL's shares. We will know soon, who is this person.
SDL Price at posting:
5.5¢ Sentiment: Buy Disclosure: Held