SBN 0.00% 0.0¢ sun biomedical limited

Best hope for you Sis is that MF and Dr sun will hold out for a...

  1. 6,848 Posts.
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    Best hope for you Sis is that MF and Dr sun will hold out for a decent price or IP Licence agreement or a hostile take over bid. They did knock back some offers so that is one sign of hope. However the fact they have stated that no more injections will be forth coming is a vote of no confidence. That being the case I suspect that they will be out to minimum loses. What that is is anybodies guess but you can only hope that it is more than .002.

    Watch out for consolidation that will indicate that the big boys want an orderly out.
 
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