SGW sons of gwalia limited

SGW - Interesting Next Week

  1. 868 Posts.
    Anybody have any ideas about this one??
    AGM is next Friday. Directors are keeping stumm about any happenings. Rumours flying around all over the place (incl. *Banks to call in debts ; * Capital raising).
    I might be crazy....but at the current price it could be a takeover target, that is if the directors aren't telling porkies about the hedge book.
    I bought 20K at $2.89.....sold 15K at 2.75 (5% stop loss), but (duhh) kept 5K thinking it couldn't go much lower. I still got I'm hopin the AGM won't be a disaster.
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Currently unlisted public company.

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