JD....I hope for your sake SGC announce a drilling rig contract within the next few weeks. Otherwise as Suse123 said....and I paraphrase of course..."nothing to see here". I admire this person's ability to stop out...hardest thing to do when taking a position at a level that is hard to fathom.
In any event JD, at this level of 0.6 cents....this is now a 1 delta call option (a lottery ticket if you will). Just file it in the drawer and hope for the best.
My personal opinion is regarding SGC's balance sheet....they are trading insolvent and they have been for quite some time now. Either they go BC or they go SO. I do not see them doing anything with the Philippines at this stage.
JD....I hope for your sake SGC announce a drilling rig contract...
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Last
0.5¢ |
Change
-0.001(16.7%) |
Mkt cap ! $3.898M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.5¢ | $16.82K | 2.83M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 5041044 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 400000 | 1 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
0.6¢ |
Change
-0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 0.6¢ | 0.6¢ | 0.6¢ | 1102840 | ||
| Last updated 13.54pm 05/06/2024 ? | |||||
| SGC (ASX) Chart |