SDL sundance resources limited

preventing conditions on future bids., page-4

  1. 1,224 Posts.
    lightbulb Created with Sketch. 3
    "The push follows Chinese company Hanlong Mining’s move to cut the price of its offer for iron ore explorer Sundance Resources because it said the National Development and Reform Commission (NDRC) would only approve the deal if it got a “reasonable acquisition price”."

    The NDRC condition is the equivalent of "I need to get approval from my wife before I can buy this Ferrari because I'm poor and only have $20k in my bank account."

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.