Very interesting to see the biggest shareholder has increased his stake. Yandal also owns a substantial options position. I think this makes it less likely we will see an equity raising at this price. Yandal could fund the company for several month by exercising these options. Just a theory, but why else would they buy on market, rather than wait for an equity raising to add to their position?
- Forums
- ASX - By Stock
- SIR
- Ann: Change in substantial holding
Ann: Change in substantial holding , page-2
-
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)