Its 12 months since the Japanese earthquake and so it is also 12 months since SBL lost its way.
Yes its the 1st anniversary of the the famous capital raising at 3.3c that became 2.5c with the "resecured firm commitments" line!
Prior to the Trading Halt for that tin shake SBL stock was changing hands at 3.9 and 4c on good volumes.
One year later it still makes no sense and I can't help but think what might had been if this raising and transparency around the eventual 1st pour were not such massive balls up.
So well done SBL, particularly our esteemed board and management wherever you are.
On the upside 1.9c today on decent volumes, gives me hope that there is still a couple of twists in the tail.
CoolioG
Its 12 months since the Japanese earthquake and so it is also 12...
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