SBB 0.00% 1.2¢ sunbridge group limited

SBB 10.5c in Net tangible Assets, page-26

  1. 2,476 Posts.
    lightbulb Created with Sketch. 54
    Good point.
    Why sell a coy that is making money and trading at half it's NTA? That's a buy signal for most isn't it?
    Huge amount of FEAR driving this lower. Sellers have to be taking a loss at these prices, irrespective of when you bought. FEAR that the books are being cooked (no evidence at all) and disappointment at no Divy (Never evidence that there was going to be one). And FEAR that the Divi issue is related to the accounts issue.

    Audited accounts are needed to boost the SP, that's all.
 
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