GGE 0.00% 0.6¢ grand gulf energy limited

louise, page-16

  1. 1,593 Posts.
    lightbulb Created with Sketch. 6
    R15, best thing we can do is do here or anywhere else is discuss the stock and do our best to understand the development plan with the information we have from the past announcements. There is more than enough info around to do that. Even if our view of the plan is incorrect it provides a base to form our decision to buy/hold or sell.

    In my opinion the bigger picture here can be seen by looking at the surrounding areas not directly related to GGE - Google Louisiana salt domes or sub salt and look at the companies involved and some of their presentations. We are a very small company surrounded by very large companies.

    Many would argue it is mgts job to tell us everything. I disagree, their job is to manage the company and make sure they don't waste money, make a profit and grow income. GGE mgt has done this so there is no need to defend them, when drilling starts the cheer squad will change tack but the question will remain where have they been whilst the mgt were working hard to overcome some major obstacles.

    The share ownership was fully disclosed in Last years financial accounts, why is it an issue now? also salaries which are low were voted on last year and only 10m voted against out of possible 748m. There are over 800 shareholders and at best about 30 active here on HC therefore what you are reading may or may not be representative of S/hs.

    Just some morning rambling,
    Cheers


 
watchlist Created with Sketch. Add GGE (ASX) to my watchlist
(20min delay)
Last
0.6¢
Change
0.000(0.00%)
Mkt cap ! $12.57M
Open High Low Value Volume
0.6¢ 0.6¢ 0.6¢ $1.843K 307.1K

Buyers (Bids)

No. Vol. Price($)
3 1835723 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.7¢ 1449825 7
View Market Depth
Last trade - 12.25pm 12/07/2024 (20 minute delay) ?
GGE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.