SDL 0.00% 0.6¢ sundance resources limited

low ball chinese bid tossed out , page-10

  1. 711 Posts.
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    stop working nicely with hanlong and ask them to pay 1% break fee.

    Hanlong as a major shareholder will be the biggest loser if share price drop so he will work together to find the funding/offtake/jv. otherwise he will lose whatever mark to market between purchase price and market price + additional 5% (from 1% break fee).

    do you reckon they will do nothing and let sdl board steer the company?
 
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