SBB 0.00% 1.2¢ sunbridge group limited

Ahhhh........you can't sue anyone in China. You guys all know...

  1. 310 Posts.
    Ahhhh........you can't sue anyone in China.

    You guys all know that a dividend really means nothing right?

    If they pay a 1c dividend, the share price will drop by 1c.

    Share prices don't really go up when people pay dividends they go down.

    So what's the point?

    In fact, a company will be far better off not paying dividends if they can reinvest the money back into the company to earn a good rate of return and compound that growth.

    They don't have to pay a dividend either - even if if was mentioned in the prospectus. You would get the SBB masses a lot calmer by putting the $30m into the Australian Banks rather than harping on the dividend. Screw leaving $30m in China. Why would you do that.
 
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