sgl sticks its hand out for more money.

Something’s in life never change. SGL is once again sticking its hands out for money. Those poor bruised and battered investors (I use that term lightly) asked to poor more funds into the company. Here’s a brief history of SGL capital raising history, plus don’t forget them convertible notes at 60c a pop.

SGL History of raising Cash.

03/03/04 SGL places raises $23.5M at 85c
12/08/03 SGL places 25M shares at 40c
18/06/03 SGL places 18M shares at 28c
19/04/01 SGL places 4M shares at 55c
22/09/00 SGL rights offers, 1:8 shares issued at 45c
30/04/99 SGL places 2.3M shares at 45c

Current price 37c