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.
SBL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held