SBB 0.00% 1.2¢ sunbridge group limited

If you take the the cash balances for the last 4 quarters add...

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    If you take the the cash balances for the last 4 quarters add them divide them before foutr. Then divide the interest accrued by this number you get 0.45% in line with SBB's announcement.

    That figure is also in line with this month, interest accrued implies an average cash balance of $32M. Which would be roughly correct given that SBB spent $9M over the course of the quarter.

    So the interest argument has been settled which is a positive.

    The company has been verified by Grant Thorton, Andrew Plympton, 1 Billion chinese and the world wide web.

    The issues that remain outstanding are the companies capital management policy and the involvement of seed investors. The earlier will be resolved either positive or negative in late February. The later we may have to take as is and accept that things aren't always done by the book in China.
 
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Currently unlisted public company.

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