SBN 0.00% 0.0¢ sun biomedical limited

It's so thinly traded, $5k of shares is all that pushed the...

  1. 3,657 Posts.
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    It's so thinly traded, $5k of shares is all that pushed the price down. The director had an order placed at 0.007 for 1.5m shares which was only fully completed today. If someone was to sell another 100k shares at market, the price would've been back to where it started at 0.007.

    This will probably rise 40% tomorrow as the price gets back to 0.007.

    IMO it's good that a director is buying and good that a major shareholder is increasing their holding too, try and forget about low volume daily fluctuations.
 
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Currently unlisted public company.

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