SIE 0.00% 6.8¢ scigen limited

a bounce soon or long term hold , page-11

  1. 32 Posts.
    Hi Arthur: Well that's trading. All listed companies have their core group of traders. In SIE's case, while there is very little interest in the company from a trading or investment point of view, the traders will continue to move the share price from areas of efficiency to areas of non-efficiency. When the net flow of money continues to be negative, due to those traders taking their profits off the table and only a small amount of new money entering the pool, it must result in the non-efficient areas being pushed gradually lower. So what you are saying is partially correct. SIE is being traded down, rather than being pushed down.
 
watchlist Created with Sketch. Add SIE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.