SBN 0.00% 0.0¢ sun biomedical limited

Interesting comment Kens. There most definitely has been a slow...

  1. 1,017 Posts.
    Interesting comment Kens. There most definitely has been a slow down in the US, as to how far and to what extent noone is quite sure. So in reality, the early June quarter indications may have pointed to a sales decline but with respect to SBN's need to raise capital in the near term,it may have been no more than a disclosure initiative by JH for that capital raising.

    Whilst the forecast June quarter is disappointing in itself, there are many other initiatives that are moving forward at a varying pace that possess the potential to impact SBN most positively.

    Any capital raising is always a difficult period for small capitalised companies that are beginning to generate sales like SBN but managing capital requirements will always be an issue until such time as they can move to self funded status.

    I doubt very much if there are any favours extended here, JH seems to operate quite linearly so that would surprise.

    ciao
 
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