SGC 25.0% 0.5¢ sacgasco limited

Ann: Capital Raise to Buy Well Equipment for Philippines Drilling, page-9

  1. 259 Posts.
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    I think this Capital Raise if done on market would have pushed the stock price HIGH! They could have negotiated a better price than 2.5 cents.

    They should have done more in their power to get the options converted in December.

    But when you are backed in a corner, you take what you can get.

    Congratulations to sophisticated investors "Blue Sky" for bagging an absolute bargain!
 
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