Anybody holding SIE would be dissapointed with todays performance after what is at least a $21M USD deal in the fastest growing economy in the world. An opening into China at this point will open up many more opportunities which augers well in the future. Clearly the company is well managed and knows what its doing but there is to much script out there so maybe now because these deals are in place is the right time for 10:1 conversion back to 24 million shares trading at around 65 - 70c. The less stock at a higher price would deter entrance and stupid trading as what was witnessed today.
Comments welcome
I hold for the long term.
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