SBL 0.00% 0.1¢ signature metals limited

annual general meeting nov 25th, page-9

  1. 178 Posts.
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    Guys

    I am against the low offer - but I believe they will get a substantial (hopefully less the 90 %) stake because of all the sellers.

    They are doing what I would do all week and wekends if I could !!

    They buy SBL at $ 1,5 c which works out to Sing $ 0,67

    Then they sell on market at Sing $ .86c

    For each 10 mil SBL they buy they make a profit of Sing $ 55,860

    NOW HAVE YOU WORKED OUT WHO IS DOING ALL THE BUYING - BY SELLING WE ARE MAKING SURE THEY DO HAVE THE COMPULSORY STAKE -

    Even at 1,6 c for SBL they are in the money. Do the math

    Carzy Ron
 
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