GREY:PGDIF - Post by User
Comment by
oiltaron Oct 08, 2015 7:32am
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Post# 24174400
RE:My open letter sent to DDC yesterday
RE:My open letter sent to DDC yesterdayI was a shareholder in Ashton with Clements We got the shaft because market conditions were very similar to today and Ashton management allowed the share price to become depressed and did nothing about it until it was too late.PGD has issued more and more shares at ever lower prices.We must demand action to boost the share price or ask why nothing is being done?
Do the Friedlands have our back or is this another Ashton were minority shareholders get forced to transfer wealth to others?The hostile take over of COS by SU is a direct result that COS management did not disclose the $12 price offerd in April so SU simply waited for COS shares to fall to $6 then SU offer $8.50.I blame COS managemnt fot not disclosing the $12 bid and therby putting a floor under COS share price.
PGD stock at 17 cents might produce unintended outcomes