SBN 0.00% 0.0¢ sun biomedical limited

placement, page-16

  1. SSV
    1,145 Posts.
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    Alright it's not one of the major announcements like we all were hoping,just means we have to wait a little bit longer.

    But the positive news is the bulk of the funds are being used to increase manufacturing capacity. Thats great news,
    It confirms that demand is outstripping supply.

    The name change has gone thru in a record time.

    The share placement and purchase plan is only very small.
    I'll certainly top up.I was prepared to buy today above 6c with news so to top up at 4.3c is a bonus and if others get scared and sell will look after those too.

    Put all the excitement and disappointment aside,this day marks the start of a new era,this company has now laid down the foundations to take it to the next level.

    I believe the long term shareholders should be proud of what has been achieved in the last week.Puts SBN in a very sound position for 2008.
    1.China deal
    2.Name change
    3.Funds to increase manufacturing capacity

    Cheers
 
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Currently unlisted public company.

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