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0.00% 1.2¢ sunbridge group limited

Interesting thesis. Bid the "cash backing" of $30 million,...

  1. jamwolf
    5,974 Posts.
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    07/02/19
    17:02
    Post #: 37366679
    Interesting thesis.

    Bid the "cash backing" of $30 million, return it to shareholders, and gift the business to the Chinaman.

    Make the bid conditional on there being an unencumbered $30 mil in the bank account and, if there is, that it is capable of being repatriated.
    Last edited by jamwolf: 07/02/19
    SBB Price at posting: 1.7¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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