Please find below update registry as of market close 11th August
Key Points
- Citicorp have continued to accumulate (89,420,664)
- CVC (the Australia Private Equity Firm) have brought in. I have checked the registered address and its definitely the PE company.
The website of CVC says:
"With over 20 years in the Australian venture capital industry, CVC has an experienced investment team that seeks to provide patient capital to emerging, high growth businesses."
This is the biggest tick of approval for SBB yet. CVC are no fools and dont invest without doing significant DD in a company. Also, they may be dipping thier toes in for an M&A opportunity down the road. All positive for SP
- Escrow selling is completely done. The top Chinese names in the updated registry are now Australian based (I have included the registered suburban addresses as proof)
SBB Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held