Not everyone is looking for a quick buck.
Some are long term investors prepared to provide their capital to prospective explorers via multiple capital raises in order to support a drive to the development of a resource.
In SGQ's case this support, so far, hasn't led to a consistent or meaningful increase in the nominal share price or a quantifiable resource.
The market cap has only increased due to issuance of shares.
The stock is yet again under 10 cents as it was 2 months ago, 5 months ago, 2 years ago, 2.5 years ago, 4 years ago and 5 years ago.
The opportunity cost of holding this long term will lead many to reconsider despite your, and the 5 or 6 posters after yours, relentlessly favourable view.
Price is truth, and its down for a reason.
GLTA.
- Forums
- ASX - By Stock
- SGQ
- Ann: Mt Alexander - Drilling Update
Ann: Mt Alexander - Drilling Update, page-50
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SGQ (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.9¢ |
Change
0.003(11.5%) |
Mkt cap ! $31.56M |
Open | High | Low | Value | Volume |
2.7¢ | 3.0¢ | 2.7¢ | $368.4K | 13.13M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 247967 | 2.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.9¢ | 541204 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 247967 | 0.027 |
13 | 4793799 | 0.026 |
9 | 7487433 | 0.025 |
12 | 2909217 | 0.024 |
5 | 3623912 | 0.023 |
Price($) | Vol. | No. |
---|---|---|
0.029 | 541204 | 5 |
0.030 | 1104692 | 5 |
0.031 | 1016000 | 2 |
0.032 | 446667 | 2 |
0.033 | 415000 | 3 |
Last trade - 16.10pm 21/10/2024 (20 minute delay) ? |
Featured News
SGQ (ASX) Chart |
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, Chief Executive Officer
Paul Long
Chief Executive Officer
SPONSORED BY The Market Online