SBR 0.00% 1.4¢ sabre resources limited

many times over subscribed

  1. 13,289 Posts.
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    That phrase got me really thinking...."THE PLACEMENT WAS MANY TIMES OVERSUBSCRIBED".....ok lets be conservative,let us say 5/6 times over,so there was as much as another $40m to be invested in this company which until 10 days ago had about only 25000 shares traded daily.Call me what you want but I was not born yesterday,someone is in the know that a major discovery is about to be announced and the word was out and millions of $$$$ wanted to be invested in SBR but mgt did the right thing by accepting just over 30m shares....I rest my case for now but in a weeks time remember this comment and come back to me and say .....YOU WERE RIGHT....now I am off to enjoy the rest of the sunny afternoon.....GOOD LUCK TO ALL.
 
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