GWR 1.15% 8.8¢ gwr group limited

Management missed the perfect opportunity to sell some TGN...

  1. 899 Posts.
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    Management missed the perfect opportunity to sell some TGN shares when they were massively over valued at 54 cents for no valid reason now TGN share price is dropping and is currently 44 cents.Good Management can make quick decisions that can benefit its share holders .GWR had a dreadful Capital raising and now is giving up millions of dollars of cash in the bank by not selling any TGN shares at these highly inflated price which would have set up GWR in a fantastic position. What happens if the Tungsten price goes down TGN share price will continue to drop and GWR will have made a huge stuff up. GWR should be allowing for Tungsten price shift in both directions by doing nothing is the same policy they have had for many years when the share price was $2.50.I sold out as the price rise was to extreme and I didn't believe management would do the right thing by share holders and make easy money by selling some shares.Good luck to all share holders I hope the Tungsten price continues to rise as Management have made a huge bet on it. CHEERS
 
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Last
8.8¢
Change
0.001(1.15%)
Mkt cap ! $26.33M
Open High Low Value Volume
8.8¢ 8.8¢ 8.8¢ $4.413K 50.15K

Buyers (Bids)

No. Vol. Price($)
1 101176 8.5¢
 

Sellers (Offers)

Price($) Vol. No.
8.8¢ 9495 1
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Last trade - 12.55pm 28/11/2024 (20 minute delay) ?
GWR (ASX) Chart
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