Completely disagree. For this statement to be true the market would have to have some information or evidence that supports the whole fraud idea. In which case the share price would likely be 1 or 2 cents. The market does not have any evidence of fraud but is just full of fear and mistrust.
The problem is that the vast majority of investors refuse to touch a Chinese asset such as this. Add into the mix you have institutions who will not buy in due to low market cap and fear of Chinese listings you have no one to support the SP.
For christ sakes our shareholders consist of people who do not know the difference between a cash flow statement and an income statement. Some months ago there was a conversation about if debt repayments reduce profit.
Until we get more quality investors interested in SBB its going to be a battle to increase the SP. It will however happen, its just a matter of time.
SBB Price at posting:
4.5¢ Sentiment: Buy Disclosure: Held
