SBN 0.00% 0.0¢ sun biomedical limited

china dead, page-53

  1. 57 Posts.
    Well boys, I'm in...

    To be honest, I havent done much research about this company but it sounds like very much in trouble.

    Having said that, their balance sheet atm doesnt look too bad, they are waiting on some news from several countries (e.g. Canada) about their product and selling it in those countries and therefore, there is a good chance that within the next month or so, they will at least get A positive announcement.

    I wouldnt be surprised to see this at .005 within a few weeks.

    Further, the market has clearly hurt the SP hard and IMO, perhaps it has been oversold.

    High risk stock atm, but BIG gains if I am correct about any of the above. Anyhow, I went for a casual 5m and if it drops to .002 on the SELL side, I'll pick up more.

    :D
 
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Currently unlisted public company.

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