CIG caspian oil & gas limited
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why cig is trading at 1.6 cents ...

  1. siameseparrot
    24,765 Posts.
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    26/10/09
    09:50
    Post #: 5829616
    For making a terrible investment choice by bailing out of millions of dollars worth of PRU near or at the bottom of the market during last year's Great Financial Crash.

    PRU last traded at $1.73 and has just announced a placement worth $58 million to institutions at $1.50 a share.

    Compare that with the pittance CIG received for its millions of shares.

    Now ask yourself how many millions of dollars CIG cost itself by selling out of PRU at the bottom of the market?

    CIG Price at posting: 1.6¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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