SHD 0.00% 2.7¢ sherwin iron limited

i give up, page-2

  1. 877 Posts.
    keep your chin up old chap. i hold some options too. only a token amount of both though. im more a voyeur on this one right now.

    i'm a touch suspicious that there is some tree shaking going on, and possibly some noses out of joint.

    I mean why announce a 16c CR so soon after announcing an 18c placement to your chinese investor. Jerry's 18c became 16c which was fair enough given they went CR to SIs so close in time. and i bet the SIs bought in thinking that Jerry was going to pay 18c so wonder what they think of him also paying 16c.....either it's a massive cock up or some real posturing is occuring.

    im also interested in how the SIs that got in via the CR play this/ how they've paid for their shares. could be a real chance to pick more up cheaper if they have to unload. or if they spit the chewy over Jerry's reprice.

    underneath it all is a reasonable prospect so i'll either get more cheaper or price will rise again and i'll get some more via the SPP. All good. GLTA
 
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