I am holding a small parcel so can afford to lose it all. Only invest in spec shares like this one if you can afford to lose it all.
I can see sp touching 10c or 9c soon. CR for 20 Pearls and everyone is fleeing. There are 180 more pearls and based on this CR, 9 more CR. Each time SAS does CR, sp will drop and retail investors will get punished. Why pay the company and get punished for being loyal? The way CR was done this time, we know what Meir and his crew will do in the following CRs, run it to the ground to squeeze as much as they can. If the CR was done at 14-15c, the sp would of held up. Can't see how sp is not going to touch or go sub-10c in the coming days. Hunterr, dump all your shares tommorow at 10.5c and crash the sp, once it drops further buy back. Look after yourself because the company execs don't give damn about small retail holders, you probably is the biggest holder of all retail holders.
SAS Price at posting:
10.5¢ Sentiment: Hold Disclosure: Held
