Can't see SXY moving till we get financing of projects out of the way.
As for charts trending up or down is not an indication of a value of a company. This should be based on assets less debt and shares issued. Surely EIG must of done their homework early last year before parting with their millions at 0.315 a share and all of us participating in capital raising. Shareholders are getting frustrated because share price going nowhere and it's not as if we are getting any dividends along the way. and not everyone has the luxury of putting share contracts in bottom draw and forgetting about them, so people sell. I am grateful that share price
Is at least holding up even though going sideways. What I would like to know what is SXY really worth and why no takeover offers have been coming our way, again is it to do with financing underway?
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oil up, page-47
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