SDL 0.00% 0.6¢ sundance resources limited

baukaw,Whilst I am not a fan of how this is all playing out I am...

  1. 328 Posts.
    baukaw,

    Whilst I am not a fan of how this is all playing out I am of the belief that SDL & Hanlong will agree to 48c. I haven't always agreed with with you but hey everyone has an opinion - on this occasion I think your on the money.

    The most important point to note is that this is only agreed upon with the finance being 100% singed off and the shop clause to be allowed.

    If the above plays out then I am somewhat comfortable that a rival bidder (Who is sitting on the fence) will make a counter bid.

    For me this is a LT stock investment and it may be an opportunity to see this stock be still available to shareholders like FMG rather than owned by one suitor.

    All the best everyone - stay calm and hold tight if you can - lots of bumps still to come

    Proviso

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