SUN 0.17% $18.01 suncorp group limited

whats up with the sinking sun, page-4

  1. 1,025 Posts.
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    Issue to shareholders closes on 13 March, able to take up entitlement at $4.50 per share on top of recent institutional issue at $4.50. More shares in company = lower value per share, hence fall in price, will probably go lower particularly if short selling resumes.

    I sold down recently at a loss and will probably buy again around $4.00 on a weak day sometime soon.

    Board retirements also an issue.
 
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