SFG 16.7% 0.4¢ seafarms group limited

Seafarms Procures Funding, page-30

  1. 244 Posts.
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    Stash, if there is something nefarious going on, I reckon it is what just happened. If the article I posted relates to SFG, we just let go a good chunk of the company for peanuts right before major funding? It wont stop the prawn farm from being built or the government getting their money back, it will just mean the shareholders will be driving a prius instead of a mustang. If there is a major funding announcement before the EGM in late May, surely the chairman's 188m shares will be knocked on the head preventing excessive dilution. If not, I will agree with you.

    Its been a rollercoaster. 2 weeks ago I thought she was gone. Now I am optimistic again. The govnuts throwing money around like a drunken sailor and the chairman rightly or wrongly stumping up $5.6m, something is in the wind. Hopefully not week old prawn. biggrin.png
 
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