"On 27 May 190,800,000 fully paid ordinary shares in Sunbridge were released from escrow. Sunbridge’s Board understands that a number of holders of this stock have taken the decision to sell their holdings on-market which is unfortunately having a negative impact on the price of Sunbridge shares. The Board is confident that this is a short term issue and is no way a reflection of the financial or operational performance of the company. "
No wonder why sell pressure still there despite good news.
Ann: 2014 Half Year Preview, page-62
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