SBM 9.30% 19.5¢ st barbara limited

hi rags, can you explain how it looks to be going to the 20's ?...

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    hi rags, can you explain how it looks to be going to the 20's ? cheers....id appreciate a technical analysis as this is not my forte ?

    if they increase reserves in the next quarterly update can this stop the down trek ? cheers

    obviously im pro SBM and cant see it going so low but of course i may be wrong. i just dont see how it could go to 20's if insitutions are buying at 40 cents ? surely they know if its going to continue to 20 cents they would just wait ? just a thought...and before somone says ask the others who paid 60 cents, that was a different time in the piece

    would appreciate some rationale as to why the 20's ? cheers
 
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