SDL 0.00% 0.6¢ sundance resources limited

suspension, page-78

  1. 12,627 Posts.
    lightbulb Created with Sketch. 490
    Management need to walk away.

    Let the price fall (I feel the pain).

    Is anybody here going to carry a bigger loss than Hanlong or DB et al?? They have the biggest carrying stake & want this over this line to crystalise their profit position.

    GJ sells to BHP/RIO/Xstrata for say 35c unconditional.. (Is there a clause in Hanlong & China inc that if Hanlong lose X millions of dollars, Hanlong management will be wearing a blind fold)...ha

    Then watch the mad scramble as insurmountable objectives are suddenly steam rolled.

    When your selling your home do you take the bid subject to finance & selling of their property first (even though offer is higher) & then they make a lower offer subject to other conditions & a further 6 months.... or just take the cash offer & close the books.

    Plenty to be annoyed with here.

    Sundance can't be looking after the stakeholders interest (eg SDL, shareholders & relative counties vestied positions) in entertaining something of this nature

    Does anybody have a direct line to Gina or Warren, perhaps they might like a throw of the dice. ;)

    M
 
watchlist Created with Sketch. Add SDL (ASX) to my watchlist

Currently unlisted public company.

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