SNU southern uranium limited
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So it appears the under writers will take a bath on this one, up...

  1. binone
    425 Posts.
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    09/07/10
    17:50
    Post #: 6888100
    So it appears the under writers will take a bath on this one, up for $1.3 million for almost 17 million shares.
    Cannot believe they will hold them so unless they had a prior deal lined up there could be some cheapies in the next month.
    My understanding is it cannot be Citic, correct me if this is not the case.

    I still believe long term in this one as good drilling / exploration results continue but just could not bring myself to support this raising.
    SNU Price at posting: 7.9¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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