Yes joewolf,
Sargon seems to be in the same business as SEQ....Superannuation ... Investment products.
How did they get their stake , I wonder.
Now the top 4 hold roughly 47%.
# Beeton (Scott & Pamela) 14%
# Sargon 12%.
# Unrandom 10%.
# Garry Crole 9.6%.
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What's next.
# Sargon creeps to 20% & launches a TO ....Has to be at a handsome premium.
# SEQ merges with Sargon & gets much fatter.
# Take SEQ private.....Then merge with Sargon & come back much bigger.
# Sargon is happy with its stake & the relationship proves to be a win-win scenario for both.
We are just insignificant parasites that have no say in the matter.
SEQ Price at posting:
33.5¢ Sentiment: None Disclosure: Held
