SBL signature metals limited

Kook, I assumed there would be a capital raising, since they did...

  1. 3,281 Posts.
    Kook,

    I assumed there would be a capital raising, since they did the same kind of barrage of good news last time and then bang... capital raising. Did not have any inside info, though it doesnt look good on my part.. I bought low and sold when the same kind of activity of ramping up the stock happened last cap raising. I will buy back in again tomorrow once everyone has caught up with the news. I believe in the story of this stock but could not recommend any client to invest in this as I would have to justify my purchase.. As stated"where are the costs", how can I calculate the pv of projected cash flows and a RRR not just based on CAPM???? management needs to stop selling the story and now outlay the facts.
 
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