each to there own comy, not going to get in a long debate over this, aslong as the sp heads to .20+ in the near term I couldnt care less what games are played
Not sure what manipulation you see atm, to me looks like a genuine breakout with selling pressure from stale bulls, with .17-.18 being a major resistance level
If they wanted to take it private as I thought a few months ago may be the case then the bid would have happen while around .10 so any offer around .15 or higher looks half decent, now trading between .15-.17 the taking privae theory doesnt look like the case unless they want to pay over .20 which wouldnt be that bad
transfer may have happened at the end of feb so will show up in the next top20
what about the last 10months? simple, issues with the locals, lack of promoting, no regular announcements, final DFS 12months overdue, manipulation by no support on screen
In the end we all know its a top20 controled stock & it can move either way very easily
only options to be exercised up to June are managements options which they have to pay between .075-.10
•1,500,000 unlisted options exercisable at 10 cents at any time on or before 31 May 2012 •1,500,000 unlisted options exercisable at 10 cents at any time on or before 31 May 2012 •2,000,000 unlisted options exercisable at 10 cents at any time on or before 30 June 2012
•2,000,000 unlisted optons exercisable at 7.5 cents at any time on or before 30 June 2012
SIH Price at posting:
16.4¢ Sentiment: Buy Disclosure: Held