"It's the value the market puts on it which is important. At the moment, the market has put nil value on it because it hasn't as yet translated into figures".
And doesn't that make a great opportunity for those wanting to enter or top up? The market will always throw up opportunities for multi-baggers - because at times and for some stocks the market is way behind the pace.
gsw is referring to rapidly developing intrinsic values of the stock that are not yet recognised by the market. He clearly believes that SBN is way undervalued and that the market will catch up eventually and that's why he is holding/accumulating.
Also, your comment that "it's the value the market puts on it which is important" is, on an individual holder basis, relative to the holder's entry/exit strategies.
That is, it's more "the value the market puts on it ON THE DAYS YOU WANT TO BUY AND/OR SELL which is important"
On other days, it can over or undershoot as much as it likes. Who cares?
SBN Price at posting:
0.6¢ Sentiment: LT Buy Disclosure: Held
