Originally posted by serena
Since the iron ore keeps going up to sky due to shortage of supply and if ANS/WAPRC is not able to satisfy the conditions of the acquisition deal by 31 March 2019, noteholders of SDL may convert the debts to shares and become the controlling shareholders. If this even occurs and ANS/WAPRC has clear funds in the bank account in Australia, they could compete with other bidders to submit the take over bids to the SDL board. LOL.
Exciting time ahead for SDL shareholders on 1 April 2019.
HolyMoley! I haven't checked out the site for a few weeks - but surprise surprise when I do so the deluded Serena is still alive and posting!
Truly amazing. Even after all this time, even after the recent low issue price raising by SDL it seems that remarkably she still thinks that if the AustSino deal is not concluded that SDL has a future that doesn't involve the appointment of an Administrator!
How can she still not get that the Chinese syndicate put together by ANS is the ONLY HOPE for SDL that its interest in Cameroon will be handed back and not lost forever. No deal with ANS = appointment of SDL administrator - even if the iron ore price is $180/tonne!!
