SBN 0.00% 0.0¢ sun biomedical limited

Ann: Renounceable Rights Issue , page-20

  1. 1,149 Posts.
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    Sure way to lose half of your $500 that you will spend getting on the register - I wouldn't touch this stock with a stick. Buy at 0.004 and you will struggle to sell at 0.002

    Remember the number of shares will double being 1:1

    After ex-rights, it will enter a Mexican stand-off with sell side at 0.002 and buy at 0.001

    Interesting st play however as it is likely to go to 0.005 in the lead up to ex-entitlement date which is 25%
 
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Currently unlisted public company.

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