SGL ricegrowers limited

has this stock overshot? Just doing a little research on SGL,...

Currently unlisted. Proposed listing date: MONDAY, 8 APRIL 2019 11:00AM ##
  1. av
    2,595 Posts.
    has this stock overshot? Just doing a little research on SGL, mainly to see any lessons can be learned for QGCs future.

    Seems like there has been a fair bit of turmoil in the board room and a debacle over convertible notes. My question is: the market cap of this stock has fallen approx 120million in the last six months, is this justified given the recent troubles? Or is it just overkill?

    Thanks in advance.
 
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