SBN 0.00% 0.0¢ sun biomedical limited

Cheers Leo,I always post with 100% honesty and challenge...

  1. 3,262 Posts.
    Cheers Leo,

    I always post with 100% honesty and challenge anything i feel isn't 100% concrete as many here often believe.

    FDA debarcle was the massive wake up call for me.

    Current markets are shocking at best.

    China did have all the call signs of being a goer, but imagine if anything at all was negative i.e. China needs further 3 months to evaluate. This stock would've been slaughtered. Obviously that didn't occur and we got the most positive announcement out of SBN in long time.

    The SP gains for that announcement will be recognised, just not in current market. Even if Mexico and Russia are announced tomorrow both with 50,000 orders this will struggle to hold 3 cents and would be sold back down to 2 cents quickly. Just my thoughts.

    Im looking at many stocks being absolutely hammered.

    SBN holding ground is as good as it going up 50% in bull market.

    4 cent still my short term target.
 
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