“With cash at bank of $31 million and a solid revenue base, Sunbridge is well placed to continue delivering profitable growth and generate acceptable returns for our shareholders. We look forward to updating shareholders on our first half financial performance in the coming months and will endeavor to report on further operational achievements in the interim.”
On 27 May 190,800,000 fully paid ordinary shares in Sunbridge were released from escrow. Sunbridge’s Board understands that a number of holders of this stock have taken the decision to sell their holdings on-market which is unfortunately having a negative impact on the price of Sunbridge shares. The Board is confident that this is a short term issue and is no way a reflection of the financial or operational performance of the company.
kind regards,
fast41.
SBB Price at posting:
7.5¢ Sentiment: Buy Disclosure: Held
