I almost wonder SOLG is just trying to flush out a bid.
I also wonder if BHP try to put it to investors with optionality.
i.e - you can do a cap raising and kick the can down the road into better pricing. A years funding at say 10-15p.
OR.
We will buy you out now for 30p. - then they point to just how badly everything has been run and in this market.... Hmmmm. Do investors just sell into the bid?
SOLG Capitulation, page-5
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Last
1.6¢ |
Change
-0.006(27.3%) |
Mkt cap ! $16.69M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.2¢ | 1.6¢ | $102.7K | 5.261M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 143783 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 206000 | 1 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| DGR (ASX) Chart |