SGL ricegrowers limited

comment on qgc offer., page-10

Currently unlisted. Proposed listing date: MONDAY, 8 APRIL 2019 11:00AM ##
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  1. sjhm
    78 Posts.
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    28/02/06
    11:31
    Post #: 1401502
    I agree SMD.

    What the QGC shareholders fail to understand is that the Average price for SGL over the last 12 months is actually above QGC. Hence a 1:1 is closer to the mark.

    Problem was since Knight took over the price fell from 88c back to about 25c based on bizzare behavior by the previous Board of SGL. Their gone so price will go back up anyway.

    The big issue from my viewpoint is that SGL have gas flowing into a pipeline with a long term history of flow rates increasing. QGC have short term data & no history
    so who knows what will happen
    SGL Price at posting: 0.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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