SGL ricegrowers limited

Hi OTAWI recon we are about to see some announcements on the...

Currently unlisted. Proposed listing date: MONDAY, 8 APRIL 2019 11:00AM ##
  1. 3,559 Posts.
    Hi OTAW

    I recon we are about to see some announcements on the proposed merger/takeover SGL announced a couple of weeks ago. The volume and strength of the SP today seems to comfirm something is happening.
    I wonder if SAARD was simply a custodian of SGL shares for the takeover /merger company or if it is trying to keep the price down till a merger/takeover price is set?

    Who knows, but SGL at around .80 cents for Christmas would be a nice present for those who have held on for so long.
 
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