SIP 1.55% $1.31 sigma pharmaceuticals limited

$15.5m bought and sold today so far, page-16

  1. 1,139 Posts.
    definitely not looking to take over. If you have a proper look at Orbis's report and the company structure you'd laugh at the idea of them even considering the idea. They are an investment group looking for undervalued companies and the last thing they want to do is have to run the company as well. They dont want to buy up too much because they need the ability to get out of their positions when things have improved or if things start to turn sour. They have to buy up large portions because they have large amounts of cash to put to work... I think its as simple as that. They still haven't reached their intended quota of 20m so its likely to be them that are still acquiring at these low levels before the 28th of march announcement. Good luck everyone.

    GC
 
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