Absolutely agree with you. I am a product of what you suggest - I have held both SGC and XST shares until recently, but switched over 100% to SGC because now the return on investment favours SGC - before it favoured XST (when it was around 0.3 cents, but its not around 0.3 cents any more!).
Probably one of the bigger markets for SGC in the coming weeks will be former XST holders, who want to remain exposed to the Borba drill, but have come to the conclusion that now its SGC's turn. Mind you its a big decision for some XST holders because emotionally they've been caught with XST - the company has been a wonderful performer over the past few months. On the other hand SGC hasn't done as well (%age wise).
IMO Borba still has the potential to add considerable value as it goes deeper. Thus SGC now is the better investment.
Absolutely agree with you. I am a product of what you suggest -...
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.483M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $4.615K | 923.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 4559959 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 4262951 | 4 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| SGC (ASX) Chart |