Hi M1,
Think you've summed up Segue pretty well. MMG sure is the elephant in the room but lack of news is certainly concerning.
In regards to all the other projects, I initially thought it must have been some new style of strategy. Find potential leases, do a little soil sampling, maybe even RC drilling, prove them up a bit and look to farm them out. If SEG ended up with half a dozen projects with a 10-20 percent interest in each - bingo. The farm out deal with MMG, and later Zeus, got me to thinking that perhaps this is what SM is up to, but when he asked shareholders for a bonus, I started getting a little suspicious. He already has a huge salary for what he's delivered and my thoughts changed. I just think SM's afraid to commit to anything because the financial drain might be the end of his company. This is all my opinion only but it's the reason I pulled out.
I see there is a trading halt for a capitol raise. I could be completely wrong about SEG - I hope so for the sake of a friend who I talked into buying shares and she still holds -, and maybe SM gains some focus and SEG fund a drilling campaign that finds the next Tropicana. It will be interesting to see how much interest SEG gains in this CR. I hope for everyone's sake here it all goes well but I've lost faith in SM, although I'm still as impressed by JP as I ever have been. Now there's a man with focus in my opinion.
Anyway, just sharing a few thoughts. Chat soon,
Cheers,
Rhama
- Forums
- ASX - By Stock
- Pardoo
Hi M1, Think you've summed up Segue pretty well. MMG sure is the...
Featured News
Add AMD (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $31.61M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $14.37K | 5.518M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
134 | 264198065 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 19706232 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
125 | 253491520 | 0.002 |
48 | 169235920 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 18706232 | 9 |
0.004 | 90059827 | 43 |
0.005 | 56133807 | 26 |
0.006 | 42358936 | 26 |
0.007 | 12507924 | 14 |
Last trade - 10.55am 26/07/2024 (20 minute delay) ? |
Featured News
AMD (ASX) Chart |