SGQ 0.00% 3.3¢ st george mining limited

Great update on forecast nickel demand driving share price, page-53

  1. 8,894 Posts.
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    @Maureen ..."he did own a truckload in dollar terms"

    Indeed he did, but I very much doubt that the 10m+ he currently owns even at 6.9c/sh is worth less than the money he has put into the company. Certainly after remuneration he is far better off over the last 10+ years since foundation of the company than he was before.

    What percentage of shareholders over that 10 year period are better off?? I hazard a guess of a few traders here and there, but not many long term holders..

    There has been a myth going around that JP put in a huge amount of cash into this (ie millions), when it simply isn't true.
 
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