GGE 0.00% 0.3¢ grand gulf energy limited

Hi AU,Yes received a response after second email. Mark just said...

  1. 158 Posts.
    Hi AU,

    Yes received a response after second email. Mark just said all of my concerns would be addressed in the next quarterly.

    Very frustrated. We have seen a number of O&G companies get anialated of late, common theme seems to be misleading and what seems to be deceptive conduct.

    I have always thought GGE were very upfront with shareholders even when news wasn't great they didn't hold back and seemed to be giving holders accurate info. Since the consolidation that seems to have changed.

    A lot of us here have given management the benefit of the doubts based on the fundamentals stacking up nicley, however this silence and lack of information and what now seems to be lack of interest in shareholders is very concerning.

    I am highly leveraged in GGE and have been very patient, compared to a number of my other holdings.

    Hoping for a 2 mill plus cash balance and spud dates in next quarterly, if we get a drag and drop of last quarterly with no genuine updates then I think it's far to say there will be a lot of pissed off holders and a subsequent sell off.

    Part of me is even thinking this is what management so a couple of major holders want so they can increase there stake in the company further.

    Will wait to see what happens after Easter.

    Hoping for a positive outcome for us all.

    Noof
 
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