SBB 0.00% 1.2¢ sunbridge group limited

Wouldn't mind seeing a plan for the 30 million cash. Surely the...

  1. 227 Posts.
    Wouldn't mind seeing a plan for the 30 million cash.
    Surely the plan isn't to collect 0.39% in annual interest?

    Section 9 of the Half Year says they spent circa 1.2 million acquiring Franchising rights on 19 stores, which is roughly 65K per store.

    Back of an envelope....70K x 200 stores = 14 million cash for each of the next 3 years to reach their stated aim of 1000 stores.

    Question for Wayne?
 
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