Selling is absolute stupidity at these valuations
I seriously question the validity of some of those sell lines also, as it is in no way commercial or self serving to try to sell like that
The same size lines appear at 23c when the stock looks like breaking out and are moved before they are hit
Just lemmings seeing the POG under pressure and figuring it necessary to sell their gold holdings
SOC has not had any negative news, deeply discounted placements or poor results, nor does its bottom line get effected by the POG
Last time I checked, we still have $21M of JV funding, own 80% of PMR and potentially a world class deposit. Easier for some to sell and say gold is weak rather than do their research and understand what they are selling so cheaply
Unfortunate that the lack of free float makes us somewhat illiquid, so any chi-x garbage and retail sellers can push it round on light volume like today
Day to day price is really irrelevant if you are thinking they will prove up 10-15Mozs. Like I said, if they come close this will get bought out before it gets developed.
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Last
10.0¢ |
Change
0.002(2.04%) |
Mkt cap ! $13.89M |
Open | High | Low | Value | Volume |
10.0¢ | 10.0¢ | 10.0¢ | $4.1K | 40.99K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7368 | 9.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.0¢ | 15000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7368 | 0.096 |
2 | 133299 | 0.090 |
1 | 80000 | 0.086 |
1 | 50000 | 0.085 |
1 | 100000 | 0.080 |
Price($) | Vol. | No. |
---|---|---|
0.100 | 15000 | 1 |
0.120 | 12545 | 1 |
0.130 | 97482 | 2 |
0.170 | 59840 | 1 |
0.000 | 0 | 0 |
Last trade - 10.23am 06/09/2024 (20 minute delay) ? |
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SOC (ASX) Chart |