SIP 1.55% $1.31 sigma pharmaceuticals limited

The Founder of Arrow group sold all this holding 2 months ago....

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    The Founder of Arrow group sold all this holding 2 months ago. The commonwealth has been selling down, who knows the reasoning but institutional are more frequently short selling and short term trading.

    The reason that I think SIP is a long term buy, health care industry is in my opinion going to grow rapidly in the next 10 to 20 years due to the aging population.
    If you look at the budget release last month sending of PBS (generic medicine government subsudise) is in the billions of dollars.

    I think SIP with the position that Arrows has in that part of the market should do well.

    Thats my opinion.
 
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Currently unlisted public company.

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