RE:RE:CGX Share Structure No. It doesn't make financial sense for Suresh so just sit on his butt. If cgx gets to $10 he'd get $5M atleast from those shares and options he has. If cgx goes down so does his his reputation as a CEO completely. He'd be known as a huge failure. Even tho he might be on the verge of that already he can still turn this ship around solely cuz the wheels will turn itself luckily due to the world class positioning CGX has off shore. Soon enough (when oil prices start surging again), cgx will gain attention because those concessions will start to rise in value and also that they're surrounded by multiple oil giants. And like WCP said, the float on this stock is favourable to us preexisting shareholders so any big attention to CGX with stable market conditions might just be the formula for a big spike in the price.
I was looking at the 10yr chart just for fun today and saw CGX hit roughly $13.20/share Feb 2012... wouldn't it be nice so see it at the same place this coming feb as well, or even 10yrs past... hahhaha I might be dreaming or I might not
GLTA