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Ann: Mt Adrah Gold Project - Drilling Update, page-41

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SilverRoo

1,469 Posts.

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20/06/17

00:53

Post #: 25368714
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Originally posted by DollarDan ↑

No, you don't seem to get it. These blokes picked SOC up out of the mud.

Yes, Liquidity event. A director starts buying on market and everybody goes "fanboy" we're going to the moon, but then as soon as they take some of their money off the table, they are dirt. I don't agree with this mentality at all.

If the new directors made a pip or two out of cleaning up the mess of SOC then good on them I say. If the market can't handle it, then tough. We are all our own man and can click the buy and sell button as we choose.

Perhaps the old board should have been aware of how to market a company post 2010, but no, they instead destroyed over $20m of shareholder equity. Simon Bird issued 30% of the register to raise a mere $140k. A absolute joke. However, had participants capitalised on that $.0016 raise, they would have secured a tidy 150% profit in just 4 months.

And btw I'm not defending anybody. Simply providing a different view point, which is what this thread is about. Just because some are bullish on the stock in its current state or see value with an EV ~$2.5m doesn't mean they are a fanboy.

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Dollar Dan SOC aka 4CE would boom when GTT blokes sellout. Picked SOC for a shell not out of the mud. Will remain a dud as long as they hang around.

4CE Price at posting: 1.6¢ Sentiment: Sell Disclosure: Held
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(20min delay)
Last 0.8¢		Change 0.000(0.00%)		Mkt cap ! $15.70M

Open	High	Low	Value	Volume
0.9¢	0.9¢	0.8¢	$8.451K	992.0K

Buyers (Bids)

No.	Vol.	Price($)
19	6266746	0.8¢

Sellers (Offers)

Price($)	Vol.	No.
0.9¢	1065786	2

View Market Depth

No.	Vol.	Price($)
19	6266746	0.008
19	4878451	0.007
11	5874995	0.006
20	23754633	0.005
10	7616475	0.004

Price($)	Vol.	No.
0.009	1065786	2
0.010	2000000	4
0.011	1927019	5
0.012	2571170	12
0.013	1555783	9

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