roboshan, the Harrison's Group failure sure smacked SIP, but if Sigma's online capex spend can increase penetration, then it can mitigate failures by walk-in pharmacies.
Re the buy-back, it must make SIP attractive to private equity (in my view, PE would make a good suitor for SIP, because PE could distribute to Coles and Woolies), because buy-backs cut market cap. Share price fall + buy back- SIP must be on a few lists to run a ruler over.
Gee, the market is rough on this fella at the moment share price wise.
SIP Price at posting:
52.0¢ Sentiment: None Disclosure: Not Held