SBL signature metals limited

lion bid now worth measly 1.91c ps, page-9

  1. 1,659 Posts.
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    ....Alex i would not bet on that...

    ...IMO there is no way SBL share price is heading any higher than it is now.....

    ...Ask yourself why do you think the directors were so quick to get their paperwork in for the Lion shares....

    ....The sell side is very very heavy and as i stated the only volume on the buy is the .001 bid....

    ....2.7 billion shares on issue and not even enough cash to get started on anything but the tailings....

    ...I have had plenty of time to think during my holiday and watching the share action here shows me SBL IMO is heading to all time lows.....

    ...I believe the 2 x 10 million buys at 1.5 2 weeks ago were trying to hold the price up but they got hit....they are sitting on very substantial paper losses atm unless as i suspect that 20 million dump at 1.4 the other day was them.....

    ....All IMO and as i still hold i am being very very realistic in my opinion....

    ...All the very best for US all...we are gonna need it....

    RB
 
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