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So your bullish on the property but not invested in SIT?Are you...

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72

02/03/22

07:01

Post #: 59914908
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Originally posted by Tobytwo100: ↑

Bullish very much so - I flew into Philippines and visited Clark -the property is massive - the guards let me drive around- it's huge with massive potential ala the Palafox project for example if that is still on the drawaing board. Nothing can compare in Clark or the New Clark City to this piece of land. Clark Freeport Zone has International hotels, massive new International airport, Shopping malls, raceway, etc. With the pandemic 'over' in Ph business will rebound as will skills training both Ph locally and internationally which can be carried out on the SITE property.

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So your bullish on the property but not invested in SIT?
Are you going to bid for the property or invest in it through the other side of the JV? The market cap of SIT is $4m so Mr Market doesnt have a lot of faith that any value from the property is going to end up in the hands of SIT shareholders. And thats hard to argue with at the moment.

SIT Price at posting: 0.5¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 0.3¢		Change 0.000(0.00%)		Mkt cap ! $7.807M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
9	15324576	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	22856154	11

View Market Depth

No.	Vol.	Price($)
7	14574576	0.002
16	45930818	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	21356154	10
0.004	13540832	6
0.005	5893333	5
0.006	663333	3
0.007	3246667	3

Last trade - 16.12pm 03/05/2024 (20 minute delay)

SIT (ASX) Chart

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