I'm watching lots of other company's out there reverse in asset's and see there share price react very nicely afterwards.
After all the time they had to chose something decent (1+ years) to go for one that has us now trading below the share price pre the deal. Is just a joke really.
The directors have left themselves and us in a really bad position. The market says the deal is CRAP.
The directors don't seem to be doing anything positive to help the situation. Resignations or backing out the deal must be on the cards. Disappointing to say the very least.
Sellers everywhere.
I've held this stock for like 16 months now & lost 50% of the value of my investment. Expecting them to buy something that would move the share price forward. This shell is like last on there priority list by the looks of it and has been left with the dregs. I heard lots of talk before about all the good deals that they'd be offered and looked at.
LOTM
SBN Price at posting:
1.0¢ Sentiment: None Disclosure: Held