SBN 0.00% 0.0¢ sun biomedical limited

8 reasons to hold or buy sbn

  1. 57 Posts.
    Okay, there are plenty of reasons why you would sell but what about the reasons why you would buy or hold SBN?

    Here are mine:

    1. Historical low (.048 high within 12 months and now trading at .003)

    2. Company continually attracts funding each year suggesting that investors do have confidence in company

    3. Company has a developed product and therefore, R&D costs are not that much now as product already developed

    4. MPS field trials have failed bringing hammering share price, which may mean this has been oversold

    5. Buyers are more than 2 times sellers in depth

    6. Company has over 1m in cash and less than 250k in debtors.

    7. Talks are underway for sellings its products throughout the world and not only in China

    8. Company is looking for strategic partners and will update market in April 2009
 
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Currently unlisted public company.

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