If Solon still hold, their exit from the register by the adminstrator will put substantial pressure on the SP until it is cleared. I am sure that management will attempt to introduce the holding to one of the other substantial holders.
From what am seeing right now, the entire solar industry is going through a tough time world wide.
I am waiting for proof that CBD can pull off a Solar Funds management business on behalf of the Chinese before taking a position.
I was first introduced to the CBD business by the fund managers of Macquaries small and micro-cap funds some 18 months ago. I know that CBD has not delivered on their expectations....however I am far more patient than professional money managers as I am not being judged on a month by month basis.
Kiril.
CBD Price at posting:
7.5¢ Sentiment: None Disclosure: Not Held