SIR 0.00% $2.52 sirius resources nl

why did yandal not change of sub february ?

  1. 22,121 Posts.
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    There was a change of Substantial Shareholder by 16 February 2012.Why was this not declared to the market.Yandal purchased these shres much cheaper than the current prices and If there had been a notice declared it would have alerted shareholders well in advance of the recent massive move up in the share price. Does Yandal have some special dispensation from the "powers that be " not to declare such moves until Yandal so wishes?
    Also Yandal is a clever trader buying 400000 FP ord shares at less than 29.4 cents each on 26 July 2012 .
    Trading in shares which move like SIR has recently one must be forever observant, not greedy, and be prepared for losses as well as profits.
    Wait there is more:-
    SIR does not have much cash so I should think a share issue could well be on the cards SOON,it could be for a Great big serve of shares at a price much lower than the current SP of SIR so apart from the rise in the price those punters who have shares may be heading for the baths big time,as it looks as if the price has peaked for a while or whatever.
 
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