SBP solbec pharmaceuticals limited

Could be some interesting development before phase -My...

  1. TDF
    102 Posts.
    Could be some interesting development before phase -My speculation only -

    The option conversion into shares is an interesting move. Why do it? if the market is correct and the shares are truely worth much less than 30 cents, then why not let the 30c options lapse in Sept 2006?

    Paying to convert the options on a 1 for 7 basis, in order to save a future dilution of value is only a valid move if the share price goes above 30 cents.

    So there may be something interesting brewing.

    I've doubled my holding.

    Also, can anyone shed any light on why the mouse trial was not repeated (eg cancer, cure, re-inject cancer) in order to prove the 'vaccine' theory? I thought that this would be an inexpensive test, and if successful would have been beneficial to credibility.

    Best of luck.


    TDF
 
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