Im suprised the sp has remained at these levels for this long. I would have thought that we'd be at least up in the low double digits by now.
I guess its peoples concern that this company is possibly fraudulent as a result of several articles by MF.
But I think to myself, if I was the CEO and we had this massive cash pile, as a growing business do I give a large chunk to shareholders or do I use this to grow the business and safegaurd the future in this highly competitive industry? This company has been his baby, and I can see the choices made as being positive for the company, even if it creates doubt in MFools's mind about the legitimacy of this business.
Unfortunately this may mean less dividends in the short term. And this is unfortunately keeping the sp down as well imo. But still highly undervalued, and its only a matter of time before the market wakes up.
SBB Price at posting:
9.4¢ Sentiment: Buy Disclosure: Held