RE:SNA and the new listing on the CSESnuggles wrote: Since the listing on CSA SNA has made its stock tradeable and at a vastly improved SP - 0.08 vs 0.02. That in itself has unquestionably been a great achievement and all longs are grateful ..... especially if they wanted to get out. But one swallow does not a summer make and we know need real commercial progress to consolidate the SP and prevent it slipping back or worse. I think this is where the real debate lies and I think it is what Rx, Golf, 25/35f are alluding to. Commercial progress has to be measured by sales against costs for the Star ADS division cf MMI division. We have to see measured progress here. Given the length of time that there has been no such progress we have to really carefully assess whether SNA is worth investing at this time. The only material change I can see on the Star ADS side is a relisting and an doubled SP from 0.03 to 0.08. I cant see what there is fundamentally to explain the increase in SP other than renewed faith, optimism and a sense of gratitude that the company came back to life. It seems we can only go to 0.1 on MDI prospects alone so we really need a lot of sales before the patent finally runs out and the airlines all do their own thing, which for them will be a lot cheaper. Just my thoughts/opinions on the debate.
Geeze you guys are good to all pull in the same direction.