SGC 0.00% 0.5¢ sacgasco limited

I am delighted to see the sp moving at last on the nido news.i...

  1. 147 Posts.
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    I am delighted to see the sp moving at last on the nido news.
    i figure the 3 c sp was a function of selling pressure post borba results and eventually the sellers ran out of stock to sell.
    Why they sold stock at 3 c beats me.
    Selling is done for all sorts of reasons though.
    AND
    For the doubters. Just remember that the MD has plus 20 m reasons for Sgc to be successful and all his his stock has been paid for / earnt in lieu of wages.
    How many other small asx oilers have MDs in that catagory ?
    None that i can think of atm.
    They mostly all pay them selves fancy super high salaries and theIr focus is their pay packet and share options and not shareholder wealth.
 
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