SHE 0.00% 0.9¢ stonehorse energy limited

Ann: Canadian Operations Update - Expect Production to Sales- Oct, page-46

  1. 2,652 Posts.
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    Just to reiterate for people new to this stock, this is what was written in the report:

    "Equity participation is a cost effective and efficient incentive given the Group's pre-production status The Group believes that encouraging its executives and employees to become shareholders is the best way of aligning their interest to those of its shareholders. In addition, equity participation is a cost effective and efficient incentive as compared to cash bonuses or increased remuneration, particularly given the Group's pre-production status. Accordingly, all executives and employees are entitled to participate in the Group's equity incentive scheme."

    What's the point in writing that as it's been four years since we've seen any insider transactions and even then, I'm not sure they were on market. Our CEO has circa zero shares. If the company really believes what they write above, then why not act on it? My sentiment has changed to sell as the last few years have proven its a sure way for your money to do nothing. If this is such great value, ask yourself why have we had no director transactions or no change in substantial holdings recently? If this was a good deal, we'd have instos or more sophisticated investors getting on board. If you do invest in SHE, don't be a fool like me and make it your biggest holding.

    This is just my opinion but anyone can look at the stock performance over the last four years and look at the the other companies our CEO is a director of. Even if this gets up 25% over the next few weeks, what's the opportunity cost? You also have to wonder why there's basically only one poster on here that posts on how great value it is.Where are all the bulls?


    DYOR. My opinion only.
 
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