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As a matter of curiosity ... why are SIT shares at such a low...

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3,066 Posts.

210

23/05/23

12:26

Post #: 67915072
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Originally posted by SteveSage: ↑

Clearly there has been an increase in interest over the last couple of months, but we are talking (a) off a very low base, and (b) relatively immaterial value wise.

You are looking at perhaps 6 days in the last year where traded volumes on the day were >10m (which is ~$50k) and 5 of those days were since the 19th of April......perhaps someone knows something, or perhaps just some large holders selling down or repositioning.

Perhaps the charts may say something, but that is not my wheelhouse, so if this is an investment (as opposed to a trade), then wait for some confirmation and something concrete that things have changed

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As a matter of curiosity ... why are SIT shares at such a low per share value?
Wouldn't a 1 for 10 consolidation, or even 1 for 100, make a lot more sense?

SIT Price at posting: 0.4¢ Sentiment: None Disclosure: Held
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