SBB sunbridge group limited
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Ann: Appendix 4C - quarterly-SBB.AX, page-15

  1. HenryEmmett
    322 Posts.
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    01/11/16
    13:58
    Post #: 20282978
    The market doesn't believe cash on hand is $30 million, that's why the market cap is $7 million.

    Companies with $30 million in the bank usually don't have the CEO providing small loans. If they could get $550k out of a bank account to make payments why wouldn't they do this and instead have the CEO loan the funds?

    If you can answer that question you will make 5 times your money. If you can't answer that question then you should probably exercise caution.
    SBB Price at posting: 1.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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