SBB 0.00% 1.2¢ sunbridge group limited

Only someone smart enough to list it in Aust..... sell shares...

  1. 88 Posts.
    Only someone smart enough to list it in Aust..... sell shares out of escrow to cash in and then buy the whole company and take it private once it hits 1 cent. Same thing has been going on with the Chinese listed companies in the US all year long.

    Big uproar over in the US. Chinese companies promising the world and all cashed up and promising the world.... while listed in the US....share prices drops by 90% and then "management" buy the company back at a fraction of the price they sold it for and take it private.

    Two bites at the cherry

    Total disgrace. Wake up!
    Last edited by kata88: 01/12/15
 
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Currently unlisted public company.

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