China’s Shanghai Composite up 2.4% again, page-29

Exactly. There are many trash companies that just siphon money from investors and are never destined to make a cent. Loser companies with nothing but massive tax credits on their balance sheets.

Many firms might have a good idea or concept yet still face the bitter battle of being the 1 in 100 that succeed. And investors keep bidding up these loser companies, why? I don't know. I think people dont think and would rather have a 1000% return once out of 200 rather than a steady return of 15% on less speculative investments.

Either way there will eventually come a time when people will warm to the idea of SBB as a good investment and that is when we will see a steadily increasing share price.