SEH 0.00% 25.0¢ sino gas & energy holdings limited

chart, page-8

  1. 906 Posts.
    A lot of different thoughts and many heading in different directions.

    Not sure whether people in the know got it to this price or it was those parties taking the expensive route of buying up millions of shares to get the oppies into the money but not taking it high enough to make it attractive to covert them or get enough demand to be bought on the market.

    And then there will be a lot of selling of shares by those buyers who bought at 6 after the options have been done so the ones that have bought the millions up to this price then get hit again.

    Who knows what is going to happen within the next couple of weeks but I think the company will need the share price higher to get much activity on the oppies, especially as there is significant risk because of the long delay between sending off the cheque and getting the allocation of shares.

    And also going by analysts reports, this price is still cheap, so is there really a reason for the price to fall a significant amount?
 
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