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Euroz seeks bids in Sundance Energy book

Broker Euroz is calling for bids into a $60.6 million placement for gas junior Sundance Energy Australia, ahead of the Monday night offer close.

Sarah Thompson, Anthony Macdonald and Gretchen Friemann
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Broker Euroz is calling for bids into a $60.6 million placement for gas junior Sundance Energy Australia , ahead of the Monday night offer close.

Sundance is seeking to place 63.7 million shares with institutional and sophisticated investors at 95¢ each. The offer was priced at a 5.9 per cent discount to the last traded price and a 10.4 per cent discount to the volume weighted average price.

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Original URL: https://www.afr.com/companies/financial-services/euroz-seeks-bids-in-sundance-energy-book-20140224-ij8rz