"They are a bit of a pain - selling on market such a small cap"
It's madness really. The stock isn't going to be raising any capital anytime soon so any insto's that want to get in will struggle to get a good % on market. The ethical fund should be letting the price rise and be trying to find an insto to buy a chunk of their shares off market at a higher price (as the SP will go higher). Pure laziness from the fund, but in the longterm won't make a whole lot of difference in the price if we get a deal.
TIS Price at posting:
53.3¢ Sentiment: LT Buy Disclosure: Held