@happytrader2015
Your off spreading BS to the contrary again.
I bet the CR will be oversubscribed when the announcement is released on Monday. It's a simple case of were the sp is based on what's unfolding. The sp is on support, so it's heading north on any positive news. It's a given.
HT, sgq are very smart operators. Doing a free options mailout cost 20-28k tops. That's based expenses disclosed in the 5B's. These options have a pretty good chance of being exercised. Infact, someone has already exercised their's in the 3B from 28/2.
This options mailout approach by management will save the approximatly 6% brokerage on a possible 3 million raised or 180k - Net saving 150-160k approx., now that's looking after the interests of the shareholders. It's a good punt I reakon.
Sgq is a very frugal company. Magazines etc, are always looking for news from companies to publish articles. This promotes the company, and 90% of the time, it's free. The advertisers / subscribers pay for the publishing costs. It's the way it works. No funds wasted at sgq, check the 5B.
HT, keep following sgq, you'll see how a quality going places company, with fantastic ground, regroups and bounces back stronger than before.
Cheers
Tradealot
- Forums
- ASX - By Stock
- SGQ
- excitement plus
excitement plus, page-9
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SGQ (ASX) to my watchlist
|
|||||
Last
3.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $32.65M |
Open | High | Low | Value | Volume |
3.0¢ | 3.1¢ | 3.0¢ | $218.9K | 7.254M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 9585278 | 2.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.1¢ | 144546 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 9585278 | 0.029 |
8 | 10168174 | 0.028 |
5 | 10678330 | 0.027 |
8 | 6685537 | 0.026 |
9 | 6940000 | 0.025 |
Price($) | Vol. | No. |
---|---|---|
0.031 | 144546 | 2 |
0.032 | 511780 | 5 |
0.033 | 867656 | 6 |
0.034 | 257120 | 2 |
0.035 | 730855 | 6 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
Featured News
SGQ (ASX) Chart |