SBL 0.00% 0.1¢ signature metals limited

I don't believe its about trust anymore, that ship has sailed....

  1. 811 Posts.
    I don't believe its about trust anymore, that ship has sailed. Its now down to whether you belive that the LionGold offer is worth 2c per share (based on their current share price and future potential). If the answer is yes then hold out for the issue of shares, there are various ways to trade the shares on the SGX based on whatever broker platform you use.
    If no, sell move and reinvest in something that could add 30% (2c takeover offer price - 1.5c current price) in the next couple of months.

    Whatever we belive it may have been worth (and I certainly belived its was worth significantly more than the takeover offer) its now trading at a a market value thats is capped at 2c.

    Its now an arbitrage play to some extent and I've taken emotion out of it.

    GLA

    Maddoc
 
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