chris_vasil,
At the risk of being hit over the head with a baseball bat I'll offer you my unbiased assessment.
Signature Brands was a Fruit Juice franchise recently removed from external administration and recapitalised with $1,478m of seed money (no doubt waiting for a quick return). Two new Directors recently appointed. Don't know exact details but I think Flavel has 1m either direct or indirect shares and Wood no direct interest but possible looking at performance options (refer asx announcements). It had $1.4m in the bank last month and a market cap of a whopping $13m and no business plan that I know of.
The stock has run a little on the credentials of these two and the possibility of your typical 'U' focus announcements. Been a bit of chatter here on HC past few days talking it up, detractors getting belted ofcourse.
Suspect the crew will try to run it on the basis of a resource focus. Think it will be high on the volatility index so be quick with your orders if you wish to play. I'd put it in a similar category to MKY and be very careful.
Prediction........I'll be called a downramper.
- Forums
- ASX - By Stock
- SBL
- 9.2c in a matter of weeks...
9.2c in a matter of weeks..., page-8
-
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SBL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online