"From an international investment perspective, Australia’s sharemarket risk profile is bordering on pretty high based on the carnage of recent years. SOG now joins the large scrap heap of Aussie resources failures during this period including Pasminco, Anaconda Nickel, Australian Resources, Centaur Mining, Preston Resources, Australian Magnesium, Selwyn Mines, Western Metals, Kingstream and others. "
I am sure glad I did not touch this one with my proverbial "10 foot bargepole" -- and I hope others heeded my injunction, stated many, many tiimes on this forum, to be wary of SGW.
There needs to be a thorough investigation into this debacle - long-standing sharehholders who believed the company's 'spin' rhetoric deserve answers (if nothing else).
An absloute travesty imo.
SGW Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
