Exactly. There are many trash companies that just siphon money from investors and are never destined to make a cent. Loser companies with nothing but massive tax credits on their balance sheets.
Many firms might have a good idea or concept yet still face the bitter battle of being the 1 in 100 that succeed. And investors keep bidding up these loser companies, why? I don't know. I think people dont think and would rather have a 1000% return once out of 200 rather than a steady return of 15% on less speculative investments.
Either way there will eventually come a time when people will warm to the idea of SBB as a good investment and that is when we will see a steadily increasing share price.
- Forums
- ASX - By Stock
- SBB
- China’s Shanghai Composite up 2.4% again
China’s Shanghai Composite up 2.4% again, page-29
Featured News
Add SBB (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Will Souter, CFO
Will Souter
CFO
Previous Video
Next Video
SPONSORED BY The Market Online