Hence jays angst at a system that doesn’t seem to protect the RI who have supported the companies spiel with their trust/faith and their capital.
Ultimately up to RIs to read ‘between the lines’ and act accordingly, that becomes a bit hard when told “No CR”, cash flow positive forecasts, company spiel ect from a man of WPs experience and background.
Still no certainty on the immediate future, the interview with WP touched on capital requirements, WP (saving his a...?) said, basically, in talks with many potential partners ‘but’ IF it takes a bit longer than .....
I think the company is obligated to explain the issue of the ‘Unusual trading’, RIs seemingly in the dark;
Is a major holder selling its holdings OR not, IS the sp being manipulated (with the benefit of low liquidity) or not.
Top twenty list is what?, (where have commsec got their ‘incorrect’ figures from), that list should show what SB own (over their three separate entities) and the current holdings of SIO. This speculation could have been 100% squashed by the company providing a current list, somebody here requested this info more than a week ago.
Trading data should also show who is selling and buying at the top end also.
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Hence jays angst at a system that doesn’t seem to protect the RI...
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