SFG 25.0% 0.3¢ seafarms group limited

Ann: Resignation of Direction (M McMahon), page-27

  1. 451 Posts.
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    This stock cannot be compared to BHP. It’s an illiquid stock, probably the top 20 holders hold 80%, with the mugs holding the other 20%. The market price is what ever the top 20 want it to be.
    Even if you buy the shares at cash backing, you don’t control the cash, Tricky does, he let Mickey have it for awhile until he realised the error of his ways. Tricky & cronies will be milking it for all its worth, head office will probably be moved back to St George’s Terrace, Harley will be back, the travel budget will be significantly expanded, as they go around the world with a road show.
 
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