SEQ sequoia financial group ltd

Ann: Appendix 4D and 2020 Half Year Report, page-6

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    And facts, since your first post ( or lets state at the End of February 2019) the company reported a half year loss of 1,4 million under the previous leadership. An ex executive has sold a substantial number of shares which caused a very large overhang for some time. There was a request for a meeting to remove a director that was then cancelled when the director resigned.

    Then there was Sargon and their problems. So considering that the market and shareholders hate uncertainty its not surprising that the share price suffered. However facts are that the business has been turned around. The Sargon shares were placed and taken over within a month. Just removing that uncertainty has moved the share up to 22.5c. So considering that ypu are not a holder I don't understand how the share price movement is relevant. The real question should be is what would the share price be if the ship had not been turned around.

    You don't seem to dispute any of the facts that this business is in far better shape financially than it was. Has been recognized for that by the ASX reducingto cash collateral. Has turned its performance around. The share price will follow.
 
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Last
35.0¢
Change
-0.010(2.78%)
Mkt cap ! $43.25M
Open High Low Value Volume
36.0¢ 36.0¢ 34.0¢ $48.38K 138.1K

Buyers (Bids)

No. Vol. Price($)
1 51965 35.0¢
 

Sellers (Offers)

Price($) Vol. No.
36.0¢ 13713 1
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