SBN 0.00% 0.0¢ sun biomedical limited

long term hlders vs traders, page-18

  1. gsw
    4,920 Posts.
    Hi Andrew,

    Difficult question to answer, however the following statistics are interesting.

    China has 1.3 billion people, or 20% of the world's population.

    When SBL gains approval to manufacture and sell into the Chinese market,(Government approval is the responsibility of SBL's chinese counterpart, SiYi) reading between the lines, it looks to me a that SBL will have exclusive rights for the China market for 25 years. SiYi also has first right of refusal for the rest of Asia.

    So from where I sit it will be like having FDA approval in China with no competition, however no matter how it pans out I don't want to be short SBL when Chinese approval is given.

    What's that worth? Not sure, but probably more than the current 2.2c per share?

    cheers


 
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