.. the worrying thing is the Release of shares held Escrow from the purchase of the land of some 500 million shares being avalailable on the 13th December ...
" In accordance with ASX Listing Rule 3.10A, Segue Resources Limited advises that 500,000,000 ordinary
shares currently held in escrow will have the escrow restriction lifted on 13 December 2014. "
... now wether they will be sold or held onto is the key .... how much do they need the cash ...
... conspiracy theory 1 ... results havent been released because they are not that exciting ...
... conspiracy theory 2 ... results havent been release yet because they are good / great ... and they dont want the share price to go up ... and get sold into ( punished ) by the 5000 million shares if the price becomes more attractive ..
... conspiracy theory 3 ... the share price is being driven down .... so someone can pick up the 500 million shares cheap if they are sold ... so they effectively control a major portion of SEG and it's tenements .... a cunning / wise play perhaps
... may be just a hold ... to see what eventuates ... and wait while something may be un covered and the sharemarket starts kicking along a bit more ....
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