SBS Group: Take Two

I've been following the saga for a while now, eagerly awaiting the return of SBG.

A company called Zerlina has bought most of the company's debts, reorganised the share capital, and is looking to RTO is company.

SBG came back to the markets today at 17.5p mid! By the time I got to the office it was 42p mid! And it is still rising. The RTO hopes plus the tiny amount of shares in issue makes this an interesting play.

The guys behind Zerline were also behind PME (now Oakgate) and OvernetData.

Speculative, but could be a big short term winner! Good luck.