Its already scraping the bottom of its own oil barrel.
I dont see a Top20 shareholder notice.
I dont see a rise in sp even though its making money.
I dont see that consolidation benefited the sp.
I dont see how with 14mil shares traded over the last few months that the sp has appreciated.
I dont see any plans by the Coy to return value to the sh other than "just wait".
Its just a playtoy.
Frankly if these Coys dont have a mantra of returning at least 10% sh wealth each year we are all better off ignoring industry and commerce forging our future and better off spending our money on drugs and alcohol. Forget supporting Industry to supply jobs or providing for our retirement. Your just going to lose money investing in Australian shares. Just live for today.
T1
GGE Price at posting:
0.9¢ Sentiment: None Disclosure: Held
