SBN 0.00% 0.0¢ sun biomedical limited

ridiculous position, page-68

  1. 174 Posts.
    We will most likely see a build of sellers at.003
    I honestly believe this is a game being played to flush out those without nerve.
    Someone is buying. Regardless of price, they are still trading.
    I know of a company that were approached by a major stockbroking firm. They offered to take all their shares for $6.40
    The directors refused because they believed their shares were worth over $8
    Today the shares are worth around .95 cents. Had the broker taken them they would have carried the loss form $6.40, assuming they put them on the market.
    In saying that, the broking house would have recouped that loss within a month (the director I know said this).
    SBN is trading shares and the monetary value is worth peanuts.
    It's a game. I am convinced.
 
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Currently unlisted public company.

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