LOL charity. You have a perverse understanding of investment and...

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mbatista

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24/07/19

17:45

Post #: 39675242
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Originally posted by SP007: ↑

this company has taken $420m of ASX shareholder money and turned it into only $150m of market value over its entire lifetime essentially blowing up 65c of every $1 of capital bestowed upon them. perhaps thats why shareholders have every right to "whinge". if not for the charity of the asx shareholders the game would have been over long ago. Heading into a third rem strike, the board knows they are on the firing line.

if they want to trade on the premiums like their US peers do, they need to start disclosing like their peers do. simply listing on a US exchange wont bridge the valuation gap on its own, and a discount to peers will remain so in the absence of more concrete disclosure.

why are they so secretive of pricing and naming offtake counterparties they are speaking to when all the other listed peers have publicly disclosed specific information on their marketing efforts.

a US listing isnt some magic pudding that will send a rocket up the shareprice. if anything theyll just raise more money there because they can, provide more spin to shareholders, stay employed, whilst the stock continues to dilute.

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LOL charity. You have a perverse understanding of investment and risk. Could it be you who misjudged the risk? So far you have gotten the listing requirements for the NASDAQ wrong, the potential size of NASDAQ Capital market companies wrong, the costs for maintaining dual listing wrong, the ownership of LNGLF wrong. You're just here to trash talk.

Oh and please detail some examples of competitors who have publicly disclosed confidential discussions with potential counterparties.

LNG Price at posting: 26.0¢ Sentiment: Buy Disclosure: Held
4 Upvote

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