Hi conviction cap h said they would buy at the prices when they announced, didn't say sell. They put a value of 4c and many positives they never included in the 4c. So I'd say internally they value higher than 4c. These funds don't sell any until there target it meet.
The low volume me and they ain't selling as there has been not multi million parcels sold which is common in trade when vol 5m plus. Is little investors.
If they wanted to accumulated there's not enough. Say they wanted 1m. Tiny compared to what they have. To get they would have to clean out 0 24 to 0.27 as there's only 1 2m. So even though its fallen, most sellers are sitting toubd the 3c area if someone did want qty.
I think everyone is just playing a waiting game now.
SCL Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held
