Ann: Half Yearly Report and Accounts, page-19

Without direct evidence in the form of a dividend, the market will treat it as a scam. Unfortunately for the odd new entrant, this discussion occurs every time a financial report comes out. They think they've stumbled onto something the market has missed and end up having to sell at a discount or wait for the next report in the hope that others will do the same. SBB is like a baptism of fire for the uninitiated.