SBB 0.00% 1.2¢ sunbridge group limited

Feed the wolves on Monday?, page-140

  1. 7,515 Posts.
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    I can't see why the sp won't get back to around cash backing in the next week or so and just bump along again till we get some more news.
    My next concern point will be the full year audit in a few weeks time and in the medium term I'll be watching what they do in relation to what they're purchasing with the cash and what that means because atm cash backing gives a level of support but if it dips down lower with purchases then that support is decreasing and then we may well see sell offs that go down further driven by fear again.

    One thing about the history of this stock is we always get a sell off after news is released you could set your watch to it. That was what was so bloody annoying (and other words), that they didn't pay the dividend because we would have had a much better chance of not repeating these sell offs and may have been able to build on supporting the sp but Mr Stingy has chosen to leave us to the wolves sp wise so to speak...
 
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