Daytrading Nov 27 pre-market, page-2

  1. 23,919 Posts.
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    BSM

    Here we go - 50M placed @ 0.5c

    3B released confirming placement at a 66% premium

    MFC 29M taken out @ 0.4c

    This is capped at $1M, has $850K cash + 9 tenements (cheapest shell on ASX and cashed up)

    Liongold owe them $13M, chasing settlement in court ordered mediation upcoming. Expect $2-3M

    Something big is brewing. You don't pay a 66% premium to get set in a shell for nothing . My guess is either a new asset coming in, in which case I think a $3-5M vend value, or everyone getting set prior to a Liongold settlement

    At 1c it is only capped at $3M, so this has a huge amount of room to move
 
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