SDL 0.00% 0.6¢ sundance resources limited

takeover by hanlong mining ..., page-150

  1. 335 Posts.
    This offer was a very smart play by Hanglong and I honestly cannot believe so many are so shocked and appalled.

    Just because people love the SDL story and there was a horrible tragedy last year doesnt mean that Hanglong (or anyone) are going to be any more generous. This is a very strategic play and Hanglong have a very good chance at pulling this off, but not at 50 cents. They will enter negotiations and try get as much as possible for this company.

    People need to start realising that we probably wont see this through into production and we probably wont see $1.
 
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