SGI 0.00% 33.0¢ stealth group holdings ltd

Ann: Change in substantial holding, page-2

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  1. 4,433 Posts.
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    Now, we know who has been one of the large sellers recently : Narelle Edmunds whose holding has decreased from 8.5 % to 5.8 % (due both to selling shares and dilution following Force acquisition).
    Narelle Edmunds has been a regular seller, owning now 6.6 million shares vs 10.7 million shares in March 22 (10.7 % holding).

    Curious to know who has been buying.
    Not EGP based on their most recent update.
    Perhaps just individual investors looking at the small market cap.

    Still surprised that no director has been buying for some time, while the stock is very cheap if you believe their FY 28 target (EV/FY 28 EBITDA of 2.2 x).
 
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