SFH 1.24% $1.22 specialty fashion group limited

year end tidy up, page-4

  1. 10,044 Posts.
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    well from what i can see ,some fund manager woke up on monday and said - lets sell down our sfh holding- and there pushing it down until they find the price buyers want to step in,
    lazard were happy to pay $1.05 only last week- for close to 2 mill sfh- there probably sitting on there hands - like the rest of us ,watching to see how far down this seller is prepared to cut his losses.
    thats the loss you get when you want to sell to no willing buyers- pushing down the s-price by 10% plus over 2 days,for around 300k shares changing hands.
    pmv had a good bounce today-
    sfh-bottom of the cycle- probably a good buy here-
 
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