BMX bemax resources limited

sgw almost out now - good riddence, page-10

  1. 1,563 Posts.
    re: sgw SGW have 3.31 % of 850m shares = 28m shares. As these shares are now out of escrow, they can now be sold. If SGW decide to sell them on-market, I anticipate over a month of downward selling ie current volume of shares is about 1 m / day, so to sell off 28 m will take roughly 28 days ... I dont know why everyone seams happy with this ... to me it means further downward pressure for immediate future.
 
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