TBH I decided to sell my holding today at a big (although manageable) loss. While I see there is value in it, the idea of a second big cap raise in the course of a year (for half the value of the previous cap raise) and the reasons for it has made me lose patience with SGR. I believe that things will get worse before they get better. I have decided to protect the rest of the capital that was in SGR and put it elsewhere.
Good luck to you all. This is the last time I will post on here unless I decide to buy back in in the future.
Cap Raise and Debt restructure, page-197
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Last
22.0¢ |
Change
-0.005(2.22%) |
Mkt cap ! $631.1M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 22.8¢ | 21.5¢ | $3.452M | 15.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 210324 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 1671123 | 15 |
View Market Depth
| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| SGR (ASX) Chart |