SBN sun biomedical limited

share consolidation needed , page-7

  1. 2,209 Posts.
    Sorry Sputnick, im with bb and inter here, i maybe dont have yours or others experience on this forum but i have never seen a share consolidation go well.
    This is my simplistic view and feel free to pick holes in it.
    After the cap rasie my avg sp is about 2.5 so at the moment with the sp 1.3 cents very little down side risk but alot of blue sky above that.
    5:1 would make it 12.5 cents and the sp 6.5 cents a helluah of a long way to go especially to get back to even let alone the return im after. Not to mention the bigger downside

    As i said very very simplistic approach but at the moment in this market and at this stage of sbn's life cycle of im against it.
 
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