Ann: Segue and MMG Limited Enter Into Plumridge Nickel JV, page-84

you wish! Sorry mate I'm in the sell queue for .003, I can sell at .002 any day I want

Look I'm not dissing the company altogether, and I made quite a lot of $ in the SPP at .008 then selling at twice the price. The thing is since then I bought back, everything has gone wrong and I am well in the red now (like most of us)

You might remember my post from 24 August (when majority holder sold):

well to be honest I had an old BUY order which got hit, but given the uncertainty the massive dump has created, I wish it hadn't... I already had quite a lot of exposure to SEG so I might have taken on too much risk.

I am sure I am not the only one that would have pulled their buy orders having knowledge of such a dump coming

For someone looking to entry for the first time though, .002 or .001 are probably worth a punt with the potential buried in SEG's land


so my position is the same:
- back then I was trying to average down and potentially trade a parcel, so had a buy order in the queue
- it then got hit when the majority shareholder dumped gazillions of shares in a day. They weren't the circumstances under which I wanted to buy.
- I ended up owning too many shares for my liking and for my assessment of the new trading conditions, so I have been trying to get rid of some at .003 since then...

that gives you the idea of how long it take to sell them shares on open market (been in queue for a month)... and from 6th in line I was on 16 September, I still haven't had my sell order hit!

as per my previous comment, if I didn't own any SEG shares yet, I would probably have a small order on the .002 BUY queue for a bit of a punt, it surely has potential to multibag from that level, but atm it's not trading so low for no reasons