Kates I know you weren't asking me.
But I gave it a shot at explaining the no news good news vs bad news hypothesis earlier in the thread to a poster who claimed no news = good news.
I believe, when looking at small caps like SGQ, especially at a time when drilling is conducted 24/7, no news is bad news. After a reasonable amount of time elapses of course.
We're not a perpetual self-funded operation, nor are we a dividend paying organisation, which in my mind would be the cases when no news would indicate business as usual and be a good thing.
We don't want business as usual, we want to hit the jackpot. For most small cap and speculative operations no news is not good news.
But I don't think enough time has elapsed for me to claim no news yet.
What are your thoughts on this?
O' ye of little faith, page-58
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Last
3.2¢ |
Change
0.003(10.3%) |
Mkt cap ! $34.83M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.4¢ | 3.1¢ | $317.7K | 9.950M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2354393 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 184787 | 2 |
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| SGQ (ASX) Chart |