CAPITAL MARKETS

Sundance plummets on deal's end

SUNDANCE Resources has turned its attention to finding a new partner following the termination of the $A1.4 billion takeover deal with Hanlong Mining, as its shares slumped more than 50%.

Kristie Batten

Sundance plummets on deal's end

Shares in Sundance haven’t traded since March 19 but had been in freefall for the month, dropping from around 30c to 21c. This morning things only got worse with a 55% fall to an intraday low of 9.3c...

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