SBB sunbridge group limited

A failure to pay a dividend does mean that an audited public...

  1. 497 Posts.
    lightbulb Created with Sketch. 8
    A failure to pay a dividend does mean that an audited public company amounts to a fraud or that assets are forgeries. You cannot expect an investigation when there is no proof anything has gone wrong. This is a loophole in that the companies can be bought back from Aussies for a fraction of the equity raised becuase people decides it was a fraud. This is subjectively oppressive, it doesnt mean that there is fraud. Im almost certain that as soon as there are only a few Aussies left holding there will be an offer made to buy the shares back.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.