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nupapa

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nupapa

Re: Schris post# 2078

Wednesday, 02/05/2014 10:36:58 AM

Wednesday, February 05, 2014 10:36:58 AM

Post# of 2106
Thanks for sharing. Looking at the SUDA stock price on the AUS exchange - they were around .03 per share until November, climbed above .08, now resting at around .06 PPS.
http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=SUD

Let's be overly optimistic and say they sold all of those 50 million shares at the .08 peak. That's $4 million. According to the 2012 Financials we had liabilities of $4.3 million, including money owed to the FDA. So that 50 million shares of SUDA in all likelihood is almost all gone. I just don't see much coming from that. Really sucks because the technology had value.

All IMO,

NP

Deal on the merits of the company, not on the hopes or fears of the inexperienced.

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