This is an infant with a clear case of 'failure to thrive'.
If they do a CR and offer a 20% discount to sophs we will be hammered to blazes.
To be honest, I'm treating this as next year's capital gains write down. If it has a recovery well and good, but if not, it has been a painful experience - not the end of the world.
I sincerely hope that there will be some news this month that will turn this around, but going by the past few months it seems a bit unlikely.
Cheers,
TM.
SBL Price at posting:
1.7¢ Sentiment: None Disclosure: Held