I know that you think that Mr. Xu has set up a Potemkin Village. What I can’t work out is how he would come out financially better off if this was the case (falling SP). Surely he would make a bigger killing if the SP got to 20c or more?
If what you think is the case……no Chinese company will ever be able to successfully list on the ASX again…………as investors will have no confidence in Chinese companies. Are the Chinese going to let this happen?
I have to admit I was pissed off when the dividend was not paid or info released in September. My father sold all his shares in SBB straight away.
Happy to have a discussion……….
RedMax
SBB Price at posting:
6.2¢ Sentiment: Hold Disclosure: Held