Crazy to think shareholders are still being spun the same...

Crazy to think shareholders are still being spun the same nonsense about SBB needing wild amounts of cash on the balance sheet due to the downturn in China (while apparently spending massive $$ on refurbs and stores).

The last sheds of logic have disappeared for SBB after the founder sold down. There is nothing more glaring than that.

This 'company' should be investigated. I imagine it isn't possible to borrow shares in such a small cap on the ASX, but that's a shame because it would create the incentive for short sellers to do proper investigatory work into companies showing these sorts of signs.


If this turns out to be a legitimate enterprise then I am completely baffled by the actions of the management.