SIP 1.55% $1.31 sigma pharmaceuticals limited

share buyback

  1. 1,522 Posts.
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    The Buy back announced on Monday with the profit down grade, is pretty big buy back.

    SIP has close to 956 million share on issue with a buy back 94624357 costing say at $2 roughtly $200M.

    SIP I though it was a buy under $2.50 and Macquarie bank had the say view, I'm down by about 25K.

    Any opinion if SIP will recover in the short term considering the buy back?

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