Ann: Operation updates, page-56

Hi Pbnewby

Petepan is probably the last person you should be putting on ignore.

You know the score. I will be interested to learn if you are still a shareholder by the time a divvie is announced.

Speculation about a divvie, it's size, and the possible effect on the share price, is just that - speculation.

My own speculation is that a divvie is likely, but it's not going to be anywhere near as big as the bulls think. Why would it be when the company is in expansion mode ?

Frankly, the most sensible way to view the cash on the balance sheet is to ignore it. The main reason being that it's clearly in the course of being spent. It will surely never be returned to shareholders. Only after tax profits will be available to shareholders, and from that only the part that is declared as a dividend. But rising profits should help the share price.

Ignoring cash ( and debt) the market cap of Sunbridge is $30m. Could be cheap, could prove expensive - take your pick.

And with that, I will take my own sabbatical from the SBB forum !