SBL 0.00% 0.1¢ signature metals limited

cheers kendalW,Bill also expressed his disappointment to me...

  1. Zia
    4,156 Posts.
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    cheers kendalW,

    Bill also expressed his disappointment to me about the sp of late, I guess all they can do is advance the project and value will come.

    I'm not clutching at straws or looking to find something that ain't there & I try to remain objective despite paper losses but I feel strongly that index driven selling might have something to do with it. A holder like BoA, who incidentally have an exemption to report changes in their holdings, would more than likely adhere to an index related selling protocol, I'm sure there are many ways to short a stock & have nervous sellers play into their hands. Any shorting strategy relies on sellers to work.

    I don't think a director would buy 4.5m shares in the rights issue unless he felt the fundamentals were strong.

    My two bob's worth.
 
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