SOC 0.00% 11.0¢ soco corporation ltd

Ann: Trading Halt-SOC.AX, page-13

  1. 23,919 Posts.
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    Before even reading the quality of the deal, it was a "screaming buy" simply because of being an Li acquisition ? I believe you share the same mentality as GTT, yet the market disagrees

    What is your excuse for the lackluster SP now @Humbuggy ?

    Couldn't be sub-par acquisitions could it ?

    You were blaming Brennan and the T/O panel application, but actually as a result of that, the majority of the register has been prevented from selling - so it is actually a gift to retail lemmings for the time being (considering GTT dumped 300M+ into buying once before)

    So a fancy new Li acquisition, majority of the register not being able to sell and yet it is still 0.5c offered ...

    What I find interesting is that back when they promised to drill Halls Peak in February, a program that would have set them back <$500k, the stock rallied harder than on any of the Li acquisitions, even being met with some 300M of selling. It has grades of roughly 17m @ 5%+Cueq at surface, is owned by the company and is drill ready .. Yet not even a single hole has been drilled by management before committing potentially $M's (i.e the entire bank balance + additional raises) to Li tenements all over the world

    If/when Halls Peak ever gets sold, I will be watching like a Hawk who has their fingers in the pie
 
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