Sundance Energy (SDCJF)

[UIC Jeff]

Mentioned in Bloomberg article As a potential takeover target

Shale Takeovers Looming as Texas Discounted in Australia

The article is about takeover speculation of Australian companies

"Hartleys Ltd. Adelaide- based Sundance Energy Australia Ltd. (SEA), which last month agreed to sell a North Dakota asset for more than the company’s market value at the time, could lure bidders with its remaining acreage that’s worth at least five times more than what’s reflected in the share price, said Bell Potter Securities Ltd."

The article also meations the Eley Griffiths Group Pty. who is one of the group's who have been accumulating Sundance
(They own 6%+ as of this ASX filing)

This has not seemed to impacted the price overnight, but the volume is significantly lower than usual.

Hopefully this is a start of another significant leg up for the stock.

Thoughts?
Jeff