DiPilla's HMC Capital had owned 19% of Sigma. I'd call that a major shareholder. In March/April this year, they reduced their shareholding to 15%. Then in July, they sold again, down to just over 12%.
I don't know about you, but if I owned that much of a company and was expecting good news and an increase in the SP, I'd hang onto it and buy more. Of course if I thought the SP was going to fall, or I thought there might be some bad news in the pipeline (like, I don't know maybe the ACCC blocking the reverse takeover), I'd sell as much as I could.
With his contacts high up in CWH, DiPilla would be in a very good position to be very well informed. But, don't take my word for it, do you own due diligence. I could be wrong and the ACCC has proven to be pretty useless in the past.
DiPilla's HMC Capital had owned 19% of Sigma. I'd call that a...
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SIG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.85 |
Change
-0.025(1.34%) |
Mkt cap ! $3.010B | |||
| Open | High | Low | Value | Volume |
| $1.88 | $1.91 | $1.84 | $8.084M | 4.342M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10939 | $1.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.86 | 8000 | 2 |
View Market Depth
| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| SIG (ASX) Chart |