SBN 0.00% 0.0¢ sun biomedical limited

honest answers please, page-30

  1. 236 Posts.
    Very interesting to read the replies.

    When ppl resort to name calling, it shows a certain amount of built up anger which undoubtedly clouds their judgment.

    Am I expected to believe that those who acknowledge that the anns would have resulted in a drop in the share price would not have sold their shares? The one and only reason ppl buy shares is to make money (either long term or short term). If you knew for certain that the share price would be lower tomorrow you would sell. A good investor doesn't need certainty, if they believed that there was a very high chance that the share price would be lower they would sell.

    It's been over two years since they came out with the saliva test. In my opinion they have not made enough progress since then. With an upcoming share placement putting further pressure on the share price, I don't have much confidence that the SP will be higher than current levels in the next 6 months.

    My prediction is for a share placement at 1.5c with a subsequent drift in the share price down to that level.

    Good luck to the believers. Putting my money in a bottom drawer without any thought (or care) of what the SP will do in the next 6 - 12 months is not my style. I'm outta here until there's signs of life.
 
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