Nothing particularly noteworthy, though I found this table fairly disheartening if I was a long term shareholder...
Hardly a great return....
I also dislike that Peter Cook cleared over $1m. Simply not deserved, though I can only guess he thinks otherwise. Now if the company had actually met guidance, increased its reserves, and built up its cash balance, then I would think very differently. I like that he holds a lot of shares, but.... the other directors, hmmm... not so much.
As for the Top 20 list... Not sure I have seen anything like it. 75% almost perfectly, for the top 5 shareholders. Yet who knows actually own those shares. Sort of wonder if WGX register is quite weak (perhaps not surprising considering its mixed results over many years).
Here is a left of field idea... if WGX do T/O GCY. They should high GCYs MD to run WGX! I can only imagine who profitable WGX could be if it had the right team running it.
WGX Price at posting:
$1.95 Sentiment: Hold Disclosure: Held
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