LNG 0.00% 4.3¢ liquefied natural gas limited

Fresh From The Cupboard, page-1382

  1. 833 Posts.
    lightbulb Created with Sketch. 588
    Back in May this year, a **elli analyst report by Matt Trusz gave the company a share price valuation of $10.00.

    Greg Vesey’s twitter response was: Thanks to @InvestGabelli (G.Research) analyst Matt Trusz for initiating coverage on @lnglimited today with a BUY recommendation. We look forward to our ongoing dialogue with you. The share price at the time was $0.40.

    6 months later it looks like substantial holders Baupost - (Just sold down from 11.4% to 9.8%) and IDG - 9.8% (down around $15 Million in just over a year) don’t think GV deserves his bonuses.

    GV’s last financial year remunerations alone being around $1.6 Million, he made more in the last year than I made working over 30 years. Without his bonuses the company might save around $700,000.00.

    Moral to the story, don't speculate on what you can't deliver, because share holders don't forget!!





 
watchlist Created with Sketch. Add LNG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.