"Announcement occurs of a real dividend of 25% of profit for FY 16 and this thing flies."
Great post,
Yup, the only thing holding it back is that many don't believe the cash is there. The business is real, shops and buildings are real, but still many believe the cash isn't.
A dividend return commencing and or an acquisition in OZ, agree, validate and watch it fly alright and that's why I have taken the punt.
Agree, the buyback does make sense numbers wise, but not for liquidity. correct. Xu owns 55%
I suggest blasting the email buttons again asking this single question.
I will be at AGM with this single question if they haven't done anything by then.
They dare not show face in Oz again if something doesn't budge.
SBB Price at posting:
4.2¢ Sentiment: Buy Disclosure: Held
