oh you all know so much but so little. Did you know that the pirate companies sold out of SEQ around 27c. You assume that GC1 is late to the party. That isnt so. I was a GC1 shareholder and we discussed SEQ. My average price for SEQ was around 26c and I would assume that before this recent purchase GC- would have had the same or maybe even lower. We mopped up shares when the price fell a lot. In fact given the volatility in earnings of SEQ that meant it did enough each year to buy low. I dont know if he traded but I did only for a small percentage until we sold out.
I knew there was a director under the previous management and he wanted out - I could not take all. At the time I would assume that Glennon was also mopping up, the shares got as low as 23c. So all the noise suggesting that GC1 and Glennon were only on the register recently was rubbish. Ny view would be he making very good profits on the entire holding - I suspect the frustration is how far from the opportunity this company strayed.
So all the speculation here is just that and in fact so far rrom the truth as to be laughable.
SEQ Price at posting:
39.5¢ Sentiment: None Disclosure: Not Held
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