Well, folks, I own both stocks and must admit that QGC has done more for me than SGL. They have good management and are good at marketing themselves, which keeps the share price ticking over and everyone is happy.
SGL, on the other hand, seems to be leaping from one problem to another. Seems like vested interests at SGL influence decisions not what will benefit the average shareholder.
Let's face it, until QGC stepped in with their offer SGL was on a hiding to nothing. It seems to be the only thing that's galvanised management at SGL into action - and improved the share price to boot.
Yes, QGC's sp also rose when it made the offer because wise people could see that it made a perfect fit - and QGC's price has fallen once it seemed that the deal would/might not go ahead. But, mark my words, QGC will prosper while SGL ... well, who knows?
Only my opinion of course, but I'm in favour of combining the co's and benefitting on both sides.
cheers, Hal
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Well, folks, I own both stocks and must admit that QGC has done...
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