SBN 0.00% 0.0¢ sun biomedical limited

waiting game, page-4

  1. 13,454 Posts.
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    Really Mon!!

    In my 15 months on this forum, I would have to say that quite a few posts tell us a lot more about posters (not particularly useful) than about the company or its markets (which is what we want to see).

    This is what you said just 10 days ago:

    "Just cleaning out the nervous nellies and puting more into safer hands like mine"

    And this is what you said just 4 days ago:

    "Anyway i'm up to my eyeballs in this and today rounded me up so i can't see me buying any more soon but's it's looking good"

    and

    "Pretty happy about picking up more options at .6c this morning"

    For no apparent reason, other than a bit of downward pressure on the SP (most probably because a few punters wanted to play the CNP and BNB games) you are now saying this (just 4 days later!):

    "About time we had something announced,giving me the sh1ts"

    and

    "Any wonder the market has no confidence in this company,they never get told anything good"

    Looks to me Mon that you have become one of those 'nervous nellies' you were so keen to take out just a few days ago!

    Sounds like you would be more comfortable at the casino or the TAB (where at least you can get a quick turnaround) or in a stock like CVI or ADY where mangement can be relied on to spin 'fairy floss' at predictable interludes.

    This company - as gsw has emphasised many times - is not into that sort of spin. It's not going to hand out lollies every time the blood sugar and petulance levels of HC punters take a downward spike. It, instead, is getting on with the job of building shareholder wealth - and we will hear about progress on this as 'market sensitive' deals are closed out and in the (now regular) 3-monthly investor updates.

    Granted, the company has not got its communication right in the past (and needs to improve on this) but to confuse this with more fundamental failures (or lack of progress) is a serious mistake in my view.

    I thought the Preliminary Final Report was a big improvement - and gives a very clear picture of where several company making and building initiatives are up to.

    You are a hard man to please Mon. Last weeks announcement (for those who take the time to look strategically at this company and ask questions and listen) was absolutely stunning. To receive a further injection of $350,000 on a day when the world financial industry was in massive meltdown, was a coup. I would also consider the theories of who injected these funds and the implications of that.

    And that on top of a capital raising that had already been a stunning success!

    I wouldn't worry too much about the import license Mon. It's just process. A State Government wants our product. There is no competing saliva testing industry in Mexico to 'protect'. Bureaucratic wheels turn slowly sometimes. The company should not have mentioned late August - due to the expectations that go with it.

    Mon, I would have thought that if you believed in the potential company-making projects in the pipeline, that a few days delay here and there would not make you "sell the stock down to 1c".

    It would be good to see a moratorium on winging and whining until 22 November. If positive news on Mexico and China and the launch of Oraline 8 (and perhaps other positive initiatives) have not been announced by then (in the absence of adequate explanations from the company) the negativity will then be fully justified.

    At the moment they generally seem to be on course (with some developments, such as Russian approvals, ahead of schedule and others, Mexican import license, a little behind).


 
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