I'm wondering if it has found support yet, at the low 30s.
The capital raising was at 34 cents, with Middlemas buying around $750,000 worth, and the CEO Swiericzuk buying about $175,000 worth.
I'm not sure if this modest ASX market-wide bounce after the initial Corona virus sell-off can be maintained, and perhaps the market is in for some more pain yet.
In any case, I decided to dip my toe into this one this morning and take quite a small number of shares.
We'll see how this pans out over the next 1 to 2 years, and I'll follow with interest.
Gw
SO4 Price at posting:
33.0¢ Sentiment: Buy Disclosure: Held