SEQ 0.00% 34.0¢ sequoia financial group ltd

Yes, really bizarre to see directors/vendor shareholders...

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  1. 785 Posts.
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    Yes, really bizarre to see directors/vendor shareholders effectively trash their company.

    Unless this is just a scam, where the vendors sold a dud private company into MWS and want to get out what they can before the sht hits the fan, then there should be value here at 0.2c.

    If it was a scam, then they have convinced the independent expert, the MWS board, the new ex IOOF exec who has come on board, and a host of others, and still hold 60% to 70% of the company....so heres hoping it is not a scam.

    But the relentless insider selling suggests there is definitely a concerted and blatant attempt to keep the price down at these levels....as you say 3500, fascinating to watch, and hopefully things become a little clearer soon.
 
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2 50000 33.0¢
 

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