SBB
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0.00% 1.2¢ sunbridge group limited

Ann: Meetings with Sunbridge Managing Director Mr Xu, page-48

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  1. tobes11
    4,327 Posts.
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    15/05/15
    09:54
    Post #: 15285180
    It's a liabilty that MAY be incurred

    Only placed in balance sheet if it is >50% probable

    You all acting as if they put $9.9m or w/e it is there as an asset?

    This is a liability folks!

    not sure about u guys but liability is no good. Yes it is contingent on event happening but it is placed there because it is likely to happen.
    SBB Price at posting: 4.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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