I fully agree. I've a glass half full perspective on this one. Bought 1 million more shares this morning.
The announcement just proves another poor decision by the board - add it to the list. Trying to make a quick profit and didn't do the due dilligence on LG. I'm a little disappointed SBL's price didn't drop further today so I could get them cheaper. Still very much believe in the underlying deposits and infrastructure. I think the hedge funds also see the same and at some point they will tip the board out. Huge volume this morning - hopefully we'll see revised holdings from the hedgies.
Stu
SBL Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
