Daytrading September 10 afternoon, page-101

not sure its the best risk v reward punt on the ASX Delta but its a decent punt at current levels

here's my 4 reasons for why I decided to take a punt today at 0.2c

First GTT Ventures and new directos have a history of doing tech deals and while SOC is resources there might be the off chance they do something Tech? A long shot but others like KNE and KRA gave no indication of going tech and then suddenly did


Second current drilling should provide some interest and the possibility to make a trade too


Third current market cap at 0.2c is $2m roughly with $1m cash and the potential for a $1.2m R&D Tax refund which if succesful would make the company cash backed at current levels


Fourth all the money was raised at 0.2c so buying here puts you in at the same level as the big money