Sundance wins Analogue dispute

Iron ore explorer Sundance Resources has emerged victorious in the Supreme Court today after a damages claim was dismissed, but the Perth-based company will be in court again next year for a further dispute.

Absolute Analogue and David Porter were the plaintiffs in today's case, claiming a grant of 30 million options, but were ordered to pay costs when their claim was dismissed.

Today's action followed a trial in November 2013, and a further, unrelated claim will go to trial in 2015

Sundance was unchanged at 8.5 cents at the time of writing.