sydneylink administration holdings ltd shares plunged in tuesday morning trade after concerns emerged about dye  durham ltds bid to acquire link shares were last down 20 at 358 australian dollars us247 after earlier hitting a low of a350 its lowest point since late june link is currently the worst performer on the asx200 links shares plunged after news that dye  durham may have to cover a shortfall of up to 306 million pounds 3575 million in the value of assets of a company belonging to link to get regulatory approval in the uk the uks financial conduct authority said it wont approve the acquisition of link if dye  durham doesnt cover any shortfall in the value of assets of link fund solutions ltd dye  durham said monday the fca said it may levy on link fund solutions up to gbp306 million for restitution or redress payments relating to a fund it managed called lf woodford equity and income fund the woodford fund was a gbp3 billion investment fund that collapsed in 2019 after it failed to repay its investors which the fca later investigated link said tuesday that the fca announcement wasnt a final decision and that link fund solutions would explore all options including challenging any warning notice that may be issued lfs does not agree with the fcas view link group remains supportive of lfs considering all such options and notes that lfs continues to trade profitably with a leading position in its market link said link group has not made any commitment to fund or financially support lfs link group considers that any liabilities relating to the woodford matters will be confined to lfs dye  durham said monday that it is assessing the effects of what the conditions could mean for the proposed acquisition of link but noted that if it isnt able to accept the fcas condition it wont be able to go through with the proposed transaction the australian competition regulator on sept 9 said it wouldnt oppose dye  durhams link acquisition