SRX 0.00% 13.3¢ sierra rutile holdings limited

Ann: Update on Proposed $30 million Share Buy-Back, page-33

  1. 1,254 Posts.
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    Call it T day then. Big investment by SRX in major clinical trials and the results have major implications for future profitability. Head in the sand to pretend otherwise. Baseline business is good, but that won't stop a major sell down if the trials are negative. Hope that the SP drift represents some profit taking/position sizing before the trial results, or a reaction to delayed buyback rather than something more ominous like a leak.
 
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