SIH 25.0% 0.3¢ sihayo gold limited

top 20 shareholders as at 28 february 2011, page-16

  1. 3,968 Posts.
    lightbulb Created with Sketch. 79
    " Change of Substantial Holdins Announced:

    Mr Chee Siew Yaw has bought 12,226,126 shares on market

    Change of directors Interest Announced:

    Summit Investments has made a Off market purchase of 3,688,000 shares at 23.001cents each. "


    We are all frustrated that the s/p has been kept down for the past 3 months and very much aware that accumulation is happening, evidence as quoted in RT's post.

    If you knew that the goodies were there and wanted to take full control of the Company is it not in your best interest to keep the shareprice as low as possible, prior to getting to that 20% holding stage before having to make a formal takeover and in so doing with a current s/p of $0.235 in preference to one of where the shares should be at $0.46c or more, then enables you to come in at a far lower offer to other shareholders.

    Certainly t/o is not the Road us little fella's would like to see, but when 75.45% is owned by the Big Guys is it not the was this is heading.




 
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Change
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Mkt cap ! $30.51M
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0.3¢ 0.3¢ 0.3¢ $425 170K

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No. Vol. Price($)
20 96135350 0.2¢
 

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Price($) Vol. No.
0.3¢ 56563789 19
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