Australia's largest stock trading and investment forum Australia's #1 stock forum

EGA

Click for more information

0.00%

52.0¢ egan street resources limited

Well yes that is mine and many other shareholders concern - who...

First 12 Last

Share
Profile

Follow
Davisite

18,870 Posts.

5550

19/08/19

19:39

Post #: 40045621
Share

Originally posted by LongTony ↑

I'm suggesting that they chose the days when the share price was up around 36-38c to assess them and ran from there.
That suits their interests and in my experience "never argue against self-interest!"
For the Peer return the clause looks like it references general market returns and I did a back of envelope TSR calc for ASX 200 for the periods listed in the clauses to set a 50th TSR and the 75th has got to be lower than that (or is 75th percentile beating 75%? if so, I suspect they might have beaten that as measured on their best day)
These people are only in it for themselves. Hopefully now that they've locked-in these shares they'll start acting in the interests of all shareholders.

Expand

Well yes that is mine and many other shareholders concern - who exactly is EGA's management working for?

Last edited by Davisite: 19/08/19

EGA Price at posting: 31.0¢ Sentiment: Hold Disclosure: Held
5 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 6 more messages in this thread...

First 12 Last

Add EGA (ASX) to my watchlist