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10.0¢ soco corporation ltd

Ann: Lithium and Gold Direction-SOC.AX, page-19

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mickkeat

491 Posts.

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12/05/16

16:16

Post #: 17750175
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Originally posted by vontrader ↑

Really can't understand why this doubled on this news

SOC have been sitting on Mt Adrah for months, with promises of drilling only leading to CR's and no follow through

The same goes for Halls Peak, not even a mention in this update and they chose to let the 1:2 government grant lapse rather than drill the deposit ?

Must be a welcome relief for L/T holders, but all I read here was they are considering a lithium project and on that it has more than doubled

IMO punters should have a read of the resolutions sought at the AGM. The GTT boys have only just been appointed to the board, performed no drilling, played nothing but corporate shuffle and now want to increase their salaries and grant themselves a bucket load of options, conveniently right before a lithium acquisition that sends the price 100% above their option strike

Talk about snouts in the trough

My guess is Mt Adrah and Halls Peak will see little work, likely flogged off for peanuts once the market is focused on the Lithium

Expand

Fully agree - insignificant volume on the pump today, who know who was buying/selling - refer previous posts on the web of inter relationships. Good chance for longer termers to get out though.

SOC Price at posting: 0.6¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 10.0¢		Change 0.000(0.00%)		Mkt cap ! $13.89M

Open	High	Low	Value	Volume
10.0¢	10.0¢	10.0¢	$4.8K	48K

Buyers (Bids)

No.	Vol.	Price($)
1	7368	9.6¢

Sellers (Offers)

Price($)	Vol.	No.
12.0¢	12545	1

View Market Depth

No.	Vol.	Price($)
1	7368	0.096
3	135521	0.090
1	80000	0.086
1	50000	0.085
2	106250	0.080

Price($)	Vol.	No.
0.120	12545	1
0.130	97482	2
0.170	59840	1
0.000	0	0
0.000	0	0

Last trade - 14.59pm 09/09/2024 (20 minute delay)

SOC (ASX) Chart