SDV 7.25% 37.0¢ scidev ltd

Ann: SciDev SPP Closes Heavily Oversubscribed, page-45

  1. 4,183 Posts.
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    Ain't nobody preaching. Telling it as it is - the fund manager(s) chosen to participate in the raising have chosen to exit quickly with a good profit, with no regard to the SP. Well bugger me if it ain't fair to call a duck a duck. Down 22% in 1 week is not minimal selling. That's a poor choice of fundies screwing the company over to exit with a quick buck.

    I said it's frustrating to watch, however yes i'm also happy for it to drop mid 60's and i'll average up as i'm long here. That doesn't mean i'm posting to motivate further selling, what nonsense goes through your head boy?

    Ain't nobody drinking the kool aid here, but venting about fundies lack of ethics is fair game.
 
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