SAU 4.35% 8.8¢ southern gold limited

Pretty sure they decided to take shares in the company, when it...

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  1. 2,946 Posts.
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    Pretty sure they decided to take shares in the company, when it was below 1c (15c in the new money) to stave off endless capital raisings like a lot of other lifestyle companies have no problems doing. Here we are today, banking cash, the possibility of proving up Cannon UG, satellites around Cannon, and have absolute elephant territory in South Korea. You come on here whining about directors taking shares, when the company could have bankrupted itself or issued 100's of millions of shares, when the company is now kicking goals?
    Mate, you should be, and I'm sure you are, kicking yourself for buying overpriced SAU stock when it was nowhere near producing an ounce of gold. You should have bought when they were taking shares for positioning this company to reap the rewards now.
    You give no value to SK, and I think you have got that wrong, just like you got your buy in price/s wrong.

    Take a look at yourself before you start bagging the company who are absolutely flying at the moment.
    Your next post will be the clincher if I put you on ignore or not.
 
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Currently unlisted public company.

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