Hi strauss,
I mean it is all financial trickery & bears very little to the "real value" of SFG or MDS.
Sequoia has been trying to backdoor list for a couple of years....initially via Indopac (IDP) , but this fell apart (IDP major holder ,Intrasia Capital is also a holder of Noble Oak).....SFG then shifted to MWS & spent an initial outlay of $800,000 to acquire 20%....A further &200,000 was spent in the rights issue at 0.002.
Acquisition shares issued to SFG had a "deemed" price of 0.0075.
"Sophs" were subsequently happy to pay 0.003 & 0.004.
As if MWS SP is "engineered" to suit Seqouia.
Makes one wonder if they will actually look after small holders as they look after themselves.
I sold my initial smallish ( 0.007 entry) position at 0.003 & bought back at 0.002....Useful capital loss..... comfortable holding what I have (average entry 0.0025)....May take up any rights issue if it is offered at 0.001.
This is a stock traded freely by its directors & major holders.....Can we get the better of them.....Not an orthodox play.
- Forums
- ASX - By Stock
- SEQ
- Ann: Change of Director's Interest Notice
Ann: Change of Director's Interest Notice, page-20
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SEQ (ASX) to my watchlist
(20min delay)
|
|||||
Last
34.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.48M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 50000 | 33.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
34.5¢ | 29697 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 29291 | 0.240 |
1 | 96902 | 0.235 |
1 | 25000 | 0.225 |
1 | 14191 | 0.210 |
1 | 5000 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.255 | 7487 | 1 |
0.270 | 30000 | 1 |
0.275 | 70000 | 1 |
0.295 | 16666 | 1 |
0.300 | 450000 | 2 |
Last trade - 16.16pm 29/11/2024 (20 minute delay) ? |
Featured News
SEQ (ASX) Chart |
The Watchlist
NXD
NEXTED GROUP LIMITED
Nick Poll, Managing Director
Nick Poll
Managing Director
SPONSORED BY The Market Online