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Brief: Stephen Baksa reports 4.8 pct stake in Sito Mobile Ltd as of March 17 - SEC filing

March 17 (Reuters) - Sito Mobile Ltd  SITO.O  
    * Stephen Baksa - reports 4.8 percent stake in Sito Mobile 
Ltd as of March 17 - SEC filing 
    * Stephen Baksa says believe the securities of Sito Mobile 
Ltd are "significantly undervalued" - SEC filing 
    * Stephen Baksa says willing to initiate a dialogue with the 
sito mobile management, board regarding opportunities to 
increase value to shareholders 
    * Stephen Baksa says believe Sito Mobile would be better 
positioned to "increase shareholder value" if the current board 
was reconstituted 
 
Source text: (http://bit.ly/2mYooEN) 
Further company coverage:  SITO.O  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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