SBN 0.00% 0.0¢ sun biomedical limited

Peter Webse / Jason Peterson, page-14

  1. 2,234 Posts.
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    Pretty clear to me that a fairly large holder has been selling, and it looks like they've put their cards on the table now. Why at this stage??

    Well going back a couple of years managements intention was to back door list an exploration project . Now that new management have stated they are staying in the biotech world perhaps this is not in line with that particular holders investment strategy/risk appetite.

    The good thing is recently the selling was absorbed and buyers are still lining up, but who is going to take out the rest of the selling wall?
 
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Currently unlisted public company.

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