Amigos, my bet is the team at SXG is focused on drilling the discovery at Apollo Deep. If the drilling finds high-grade Au in new "rungs" then that type of announcement will cause another re-rate of the shareprice, IMO. As another guess, the cap raising will be after the 51% of shares in Canadian hands are distributed and things have settled. Good luck all.
Ann: SXG February 2024 Quarterly Activities Report & Appendix 5B, page-7
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Last
$3.15 |
Change
0.060(1.94%) |
Mkt cap ! $625.1M | |||
| Open | High | Low | Value | Volume |
| $3.20 | $3.25 | $3.12 | $449.7K | 140.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6290 | $3.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.20 | 5047 | 1 |
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| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| SXG (ASX) Chart |