SGR 1.92% 26.5¢ the star entertainment group limited

Ann: Trading Halt, page-41

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  1. 7,507 Posts.
    lightbulb Created with Sketch. 1103
    Another capital raise???

    Lol this will be the 3rd time now trading this stock. Made money each time, but this is becoming just ridiculous.

    Currently out with no position, so have ammunition to play it again Sam.

    I really feel for long term SGR share holders, especially for those that held... subscribed... allocated more capital... held... subscribed.... allocated more capital... and now maybe again.... held... subscribe again... and allocate more capital again.

    All the while the number of shares on issue increase... then increase... then increase... then increase...
    Thereby permanently destroying all long term holders wealth.


    Maybe long term shareholders can do multiple class actions, one for each capital raise, just to even things up a bit.

 
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