I really cant see this recovering anytime soon. Looks like a classic pump and dump.
I think there would be a lot of ppl looking to exit this one. Will be interesting to see who is selling and whether CITIC/Talbot are maintaining there stakes.
It is interesting however to see the substantial holding notice. Why would you pay what appears to be quite a premium to its longer term trading price to get such a big stake in a speccy unless something was in the pipeline.
SNU Price at posting:
9.2¢ Sentiment: Hold Disclosure: Held
