SBN 0.00% 0.0¢ sun biomedical limited

mexico update, page-14

  1. 3,715 Posts.
    DH

    FWIW, my take is that management are happy to fly under the radar. They have funds, they have a substantial holder, they have prospects and they are keen to get on and try to make the company cash flow positive.

    I think last year with 400M stock being traded in a day on the back of an announcement opened their eyes that too much exposure can be detrimental - the stock gets pushed from pillar to post by traders.

    The slowly slowly approach during current times I think is warranted. People on board the stock end up having a long term vision, as the company will now only release something major.

    When they do have some news of major importance, the stock may take off in the hands of day traders again.

    Any of the following would be taken strongly by the market:

  2. 510K sign off for Oraline
  3. Approval and sales to MPS by SiYi
  4. Long term deal in Mexico to supply OraLine for school usage
  5. Becoming cash flow positive

    From a company perspective, they don't need to spruik.
 
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