SDL 0.00% 0.6¢ sundance resources limited

sdl accepts revised hanlong offer of 45c a sha, page-56

  1. 10,494 Posts.
    Don't you worry, the PRC will never break the deal.

    Having the break fee as low as possibly may actually protect SDL should there be another bidder lurking around.

    I am that optimistic though at this point.

    I reckon GJ may have told that hedge fund, lets just get a floor first of all and you block the deal when it comes later in the year, then HL can't accuse me of playing a good cop.

    I expect GJ to tell holders in the coming days and weeks that the share holders will decide in a non too subtle hint.
 
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