re: accumulation Yes it was a long time ago that they first tried at China:
http://www.asx.com.au/asxpdf/20060704/pdf/3xf4f7cypl43g.pdf
http://www.asx.com.au/asxpdf/20061109/pdf/3zhkndgkwrnr4.pdf
This was when the share price was in the 40c range and over 200m(?) fully diluted shares on issue (not sure what the options prices were).
I am not a long term investor- I am a short termer. I see value in short term potential, such as the fact that the product may never make profits, but along the way there will be various value-adding announcements.
If they can change the prototype modelling, get a Chinese third party on board (which they have) then if claw back a small percentage of where the market cap was back in 2006, there will be value added for current shareholders.
http://www.asx.com.au/asxpdf/20130820/pdf/42hshbts5rbpwj.pdf
This above doesn't take into account the new therapeutic company acquisition which adds a totally different dimension to SBN but reflects their focus of close-to-commercialisation products.
IMO reviving the Oraline product is definitely worth a shot.
- Forums
- ASX - By Stock
- re: accumulation
re: accumulation Yes it was a long time ago that they first...
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SBN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online