SGL ricegrowers limited

The more i look at this stock the more i think it's a dog...Up...

Currently unlisted. Proposed listing date: MONDAY, 8 APRIL 2019 11:00AM ##
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  1. cujo
    11,382 Posts.
    lightbulb Created with Sketch. 694
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    10/06/05
    17:16
    Post #: 943855
    The more i look at this stock the more i think it's a dog...Up to their neck in debt.
    Even got a forward payment from AGL.
    Directors get paid a motza.
    Turns over under $4mil a year.
    Burns cash like there's no tomorrow.
    Flow rates lower than some other CBM companies.
    Government connections.
    Just gets worse.
    SGL Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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