Australia's largest stock trading and investment forum Australia's #1 stock forum

SBB sunbridge group limited

0.00%

1.2¢

Keep reading. SBB gets a mention., page-3

First 3 Last

Share
Profile

Follow
Resurgam

2,205 Posts.

75

10/09/14

20:29

Post #: 13955658
Share

Originally posted by 5hareholder ↑

The basis for the author's comments on SBB relate to the extremely low free float it had on initial listing, effectively nullifying the power of the market to determine what it would like to pay for stock of the company - this sort of mechanism is how FTH snowballed ridiculously out of control, but it isn't illegal or even frowned upon by the wider market community (FTH was just an example of what can happen in the extreme circumstance). There are numerous successful companies on the market with a low free float, generally with the top 20 holding upwards of 70% of the company. That is the sort of position that SBB finds itself in, for better or worse.

Expand

I believe DDR a successful IT distributor is an example, with the founder ex partner owning over ~85% of the issued capital. They are slowly selling stock to institutional investors ...

Last edited by Resurgam: 10/09/14

SBB Price at posting: 8.4¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

GLF

Gemlife used the ASX's new IPO fast-track. Is this the start of a new cycle?

CBA

CBA down as BHP goes up – what's going on, and, will CBA stocks correct?

Thursday's HotCopper trends: Vault Q4 miss, Peak raise | July 3

ASX Market Close: Local bourse dips red as CBA profit takers swoop

CCO

The Calmer Co FY25 revenue hits $8 million, up 86% on FY24

Trump chides Powell as Goldman call for calm. The RBA must be nervous

ASX Market Open: Oz shares dip back (very slightly) after Wed's record close | July 3

RML

Resolution looks to 'strong historical data' as Horse Heaven search begins

SFM

Why is Santa Fe Minerals up 370% on Thursday?

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

First 3 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Keep reading. SBB gets a mention., page-3

Top Stories

Gemlife used the ASX's new IPO fast-track. Is this the start of a new cycle?

CBA down as BHP goes up – what's going on, and, will CBA stocks correct?

Thursday's HotCopper trends: Vault Q4 miss, Peak raise | July 3

ASX Market Close: Local bourse dips red as CBA profit takers swoop

The Calmer Co FY25 revenue hits $8 million, up 86% on FY24

Trump chides Powell as Goldman call for calm. The RBA must be nervous

ASX Market Open: Oz shares dip back (very slightly) after Wed's record close | July 3

Resolution looks to 'strong historical data' as Horse Heaven search begins

Why is Santa Fe Minerals up 370% on Thursday?

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

Featured News