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22,690 Posts.
848
06/12/11
21:21
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the stock exchange is for companies to obtain capital and grow.
Companies that need capital and a high share price pump out lots of news to gain attention and cash.
They then spend the cash and put their hand out for more, this is 95 % of miners.
The swick family will only make money out of their holding through dividends, capital returns or selling out
The only way the swick family will get out of cgm is a outright sale as they own 50%. They wont be selling to us retail punters.
The only way they will get the price higher is by making more profit and/or finding more gold.
The golden rule, he who has all the gold makes all the rules.
I hear people whinge all the time about managemant of lots of companies. Its simple, dont like it move on or buy enough shares and get rid of them
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