Buy @ $0.945. Continue to drop some more, now >9% yield! Add to my collection. Seller '54', not in my list of CP. 😀
The sell-down is most likely triggered by Moore Capital. According to the SGX Announcements, they got 49.35Mil @ $1.05 shares from the Private Placement and they'd been aggressively selling down their stake over the past few days. Seems like they are a Hedge Fund, so perhaps they'd hedged Sabana against some of their own complex financial products such that they make money if Sabana share price drops??