I have e-mailed Richard Li but do not expect an answer as usual,
in my opinion with an announcement like that it should have been released then trading should have not commenced for at least 4 hours to allow people like yourself to decide to hold or pull order.
The ann was released very shorlty before trading started.
I would complain to the ASX and to SSI itself.
People like us on H/C should unite and get a better deal, not just with this company but with all of them, they hound someone like Rene to death, why because he was high profile and made an example of him but continue to treat their own members with kid gloves.
Trading should be fair to all and we all should be on even ground, not just for the big end of town and deals for mates.
They have done this sort of thing many times with GCN, but cannot use them anymore because they own just over 50% now.
Of course SSI was going to fall with that announcement
selling shares for 65 cents under market price.
Looking at the announcement it will rise once this is forgotton but that is not the point.
We do not buy shares only for SOME to get nice little deals that puts pressure on shareprice.
ASX can be contacted on 131279
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