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Could SOR evolve into a $1 billion market cap business ?, page-23

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Surandy70

11,207 Posts.

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08/10/21

17:29

Post #: 56668825
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Originally posted by Mr Pig: ↑

Hi!

Do I detect a hint of cynicism in your first paragraph?
Yes, I got my wing clipped to the tune of about $29,000 earlier in the year, but it was a temporary setback.
I'm still free-carried (and then some), so still flying again, albeit more cautiously than previously.
As stated in some of my earlier posts, the nature of our market has changed and become a lot less predictable,
with the company coming to the attention of new investors/speculators/pump-and-dumpers of the share price.

I'm certainly interested in the reasoning behind the opinion you have expressed in your second paragraph.
I would have thought a reliable, ever-increasing, tax-free income stream would be a better business model
for any company than taking a one-off profit from selling a going-concern business that has taken more than
ten years to find and develop.
Eleven years (or more) to develop the first income stream, say three years to develop the second stream,
two years the third, eighteen months the fourth, and so on...
Maybe licence each one off for an ongoing royalty (as Richard Branson does)...
but sell them away forever??? However, horses for courses.

Drop you a line? I'd be delighted to, but how? Is it possible to set up a private channel here in HotCopper? Or elsewhere?

Pig.

Expand

Sorry, that was not a direct reference to you. Just playing on the earlier pigs flying comment to reference about the prospect for the shares to soar or not.

Hotmail or twitter, I used both regularly.

SOR Price at posting: 28.5¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 3.7¢		Change -0.003(7.50%)		Mkt cap ! $17.34M

Open	High	Low	Value	Volume
3.8¢	3.8¢	3.7¢	$71	1.912K

Buyers (Bids)

No.	Vol.	Price($)
3	494115	3.7¢

Sellers (Offers)

Price($)	Vol.	No.
3.8¢	50000	1

View Market Depth

No.	Vol.	Price($)
3	494115	0.037
2	550444	0.036
3	596487	0.035
3	91001	0.033
3	153469	0.032

Price($)	Vol.	No.
0.038	50000	1
0.040	254066	3
0.041	12000	1
0.042	856622	2
0.043	12693	1

Last trade - 13.24pm 27/09/2024 (20 minute delay)

SOR (ASX) Chart

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