SBB 0.00% 1.2¢ sunbridge group limited

$17m market capital is a ridiculous valuation for the company...

  1. 1,284 Posts.
    lightbulb Created with Sketch. 182
    $17m market capital is a ridiculous valuation for the company that worth over $50-70m. It is same with PEZ. Can't ignore profit making company for long. You won't find many company that make profit and MC is below cash reserve.

    I'd like to share similar article I read on market watch few weeks ago.
    http://www.marketwatch.com/story/chinas-tech-companies-gaining-on-us-peers-2015-09-24

    As per a Aus market concern, its dead for me. I still don't understand how market works here despite I have been trading ASX for last 10 years. Except PEZ, I haven't bought any shares for last 6 months. However, I have been investing heavy in other asian countries, that turned SP 6 to 115, 30 to 75, 40-290 in different currency.
 
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Currently unlisted public company.

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