There has been a lot of conjecture as to who is selling and why. A lot of the volatility and price drop can be attributed to end of financial year repositioning etc and may have little to do with company issues. Without doubt Sino is not serving us well with quarterly reports. Such stocks as these need frequent updates otherwise investors and particularly traders start to get nervous. In my research I have found nothing to ring alarm bells and with major players willing to pay 16 cps I am resting comfortably. In this case patience may be a virtue and ask yourself why you bought in in the first place and has anything of substance changed. I don't think so and I suspect with a new financial year coming and a quarterly report due soon we may see a significant turn around.
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- Ann: Sino Gas - Results of Annual General Meeting
Ann: Sino Gas - Results of Annual General Meeting, page-56
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