After looking at todays closing result I am Happy I sold into the last small rally, managing to get out at $1.80. Could be sometime before it gets anywhere near $2 again. The only way the share price is going up in the short term is if a hostile takeover happens and with the credit crunch happening that seems more and more unlikely every day.
Clearly there are major issues within the company with the CFO leaving. I would say more bad news is coming unfotunately.
Best wishes to those still holding. I will be watching SIP from the sidelines to see how low it goes.
SIP Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held