SGL ricegrowers limited

Thanks Mate,I would say it is QGC holders selling who stupidly...

Currently unlisted. Proposed listing date: MONDAY, 8 APRIL 2019 11:00AM ##
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  1. 473 Posts.
    Thanks Mate,

    I would say it is QGC holders selling who stupidly thought that "amateur hour" at the Corporate Takeover Convention would get over the line so they are now taking a loss because they still don't understand why the bid failed. SGC is undervalued because of non project related issues. And while management may have been pretty poor at SGC they still managed to get sales gas in a pipepline 5 years earlier than QGC but only started 1 year prior. What does that say about QGC?
    Take the blinkers off. Right now these two companies assets are about equal but there sharemarket values are vastly different. One is either over valued or the other is undervalued. You decide!!!!
 
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