SBB 0.00% 1.2¢ sunbridge group limited

Ann: Preliminary Final Report, page-19

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  1. 396 Posts.
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    The primary flaw in your decision making is that the redbrook investment will be good for you.   In my experience, people who move in and take a 20% stake in companies, don't do it for you, they do it for themselves.

    Whats to say that their plan isn't to cut a deal with the existing directors engage them as consultants or enter into an australian JV or literally anything.   SSB gets a new shareholder that supports the status quo, it costs them what $200k, maybe $300k (at this rate Redbrook gets a 20% RIO)

    The various moving parts here are pretty complex and don't assume that Redbrooks success will leave anything for anybody else.
 
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