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Ann: Appendix 4C - quarterly, page-98

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saltocan

3,790 Posts.

01/05/15

18:02

Post #: 15201608
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Originally posted by Mdawg ↑

Saltocan its no use unfortunately. I have been telling people all day what a cash flow statement is and how it is not an income statement. Unfortunately the average retail investor seems to not posses even a basic knowledge of accounting concepts.

I mean hey it is called a cash flow statement not a profit and loss statement but meh I can see profit in it anyway.

This is actually why the share price will not move up at the current moment. No institutional holders, who at minimum have an understanding of basic accounting concepts and business ideas, hold the stock. Those guys are not holding so we are left only with retail holders who will sell a stock based on a single quarterly that by itself is almost meaningless.

Oh well lets wait for the next announcement.

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institutional holders would not like the boss man to hold over 50% of all the shares because they cant manipulate the share price to their advantage.....the share price will reflect the financials once the market is ready...lets hope its soon.
lol

SBB Price at posting: 4.6¢ Sentiment: Hold Disclosure: Held
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