SIH 0.00% 0.3¢ sihayo gold limited

mr. yaw chee siew takes 40mil shares at .07, page-17

  1. 20,451 Posts.
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    Beatle finally you posted something I mostly agree with not completly but mostly lol.

    If further large dilution comes at these levels then I wont be wasting my time with this investment anymore Ill be looking for a exit strategy instead, the 4/5/6 placement that came in sept 09 was needed to turn the company around & get the right people on board, the placement this week was very unexpected but well placed at .07 gives confidence one wealthy investor is willing to take $2.8mil of stock above market price.

    Saying that the share price performance like we are seeing at the moment does not give confidence to those watching, many will read the consistant good news flow, see the lack of interest & not waste there time investing, the placement at .07 i personally thought we would see market interest begin & the sp rally back up to .08, instead it fell back to 5.7 on what looked like to me manipulation then everyday trading activity, if directors do not understand they have to get on top of this issue by promoting, media coverage, research report, placing stock to "market makers", then once again SIH will not receive the interest it desrves.


    I have confidence in the managemnet & am very happy with the on ground progress & the direction they are taking, but the share price performance is testing my patience, there is only so much I can take before I will move on to some easier investment oppertunities, which Im hoping wont be the case.


    See how it goes beatle, paul willis has only been on the board since sept 09 will see over coming months if he can attract the right interest, stockmarket is a strange place & share prices can change quickly...

 
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