Okay.
That was what the guy on the phone said but I can see from your quote that this is clearly incorrect. Seems they did get the $18M they wanted.
Probably the guy on the phone was some lackey that had no real idea.
I remain quite worried unfortunately..
I also wish to point out that SDV says they have won a contract with the multi Billion $$$ Sydney tunnel boring job , and that is Great, BUT they give NO guidance as to how much sales this translates to.
If we go back to the early days of the resurrection, the contract with Iluka, they did give that guidance which then gives shareholders a better picture of the significance.
Anyway, let's hope for something.
As my share broker said to me.." they got greedy"
They should have been able to pay out the Haldon principals if that business was going so well. They then could have come to the market if they needed funds for some specific purpose. "we wish to expand our manufacturing/warehousing" is very vague.
We wish to develop "green" chemicals is also very vague.
Tell us how much these things should cost and what the likely pay-off to the company and shareholders is.
If you owned an enterprise and your manager came to you with..' please can you invest an extra $20M b/c I wish to expand the business" without costings or firm plan...would you just hand over the $$$$?
If they have sold the $18M placement at $0.65 I expect they must have given the institutions something more in information that we have.
- Forums
- ASX - By Stock
- SDV
- Ann: SciDev A$2m SPP Documentation
Ann: SciDev A$2m SPP Documentation, page-25
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
FWD
Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm
CXO
Core Lithium narrowly beats guidance on FY24 spodumene production but 1Y returns still shattered
Add SDV (ASX) to my watchlist
(20min delay)
|
|||||
Last
41.0¢ |
Change
0.005(1.23%) |
Mkt cap ! $77.81M |
Open | High | Low | Value | Volume |
40.5¢ | 41.0¢ | 40.5¢ | $1.248K | 3.044K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 107 | 41.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
42.0¢ | 3323 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 107 | 0.410 |
3 | 204894 | 0.405 |
4 | 138499 | 0.400 |
1 | 2600 | 0.395 |
1 | 20000 | 0.385 |
Price($) | Vol. | No. |
---|---|---|
0.420 | 3323 | 1 |
0.430 | 36701 | 3 |
0.435 | 21096 | 1 |
0.440 | 111030 | 3 |
0.445 | 156 | 1 |
Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
Featured News
SDV (ASX) Chart |