Perhaps after another two months we can report back on how all the Biofuel companies are now going.
2 months ago SBI was at 25 cents ... it is now down at 13 cents despite having cash in the bank equivalent to about 12 cents per share
ABJ which was at 6 cents is currently in a trading halt ... we may find out tomorrow what is happening there
ARW which was at 22 cents is now down at 8 cents after coming out of a Trading Halt and announcing it was closing down operations in Australia to consider a plant in the US
AAE which was at 27 cents is now down at 13 cents despite announcing a partner has bought 20% of their Beatrice Plant for $US 15 million ... no accounting for how the Australian shareholders value the remaining 80% then ... had been down as low as 7 cents which is "dead tallow based Biofuel company levels"
NFL was at 30 cents is back down at the all time low of 21.5 cents. It keeps on rising up before big holders dump huge amount of shares and wipe out all the depth
MBT has picked up from 127 to 132 cents
SBI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held