SGQ

8.82%

3.1¢ st george mining limited

Very well Said Sandy, There really is no need for any of this...

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helmenesh

1,195 Posts.

1035

04/09/19

19:22

Post #: 40313339
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Originally posted by SandyC: ↑

I'm not going to pinpoint anyone but I respectfully suggest people stop complaining about the recent capital raisings, resultant share dilution and how unfair it was. I suggest you get over it, take accountability for your own decisions, and above all start being happy that our St George shares closed at 18.5 cents today.

The capital raisings were to raise drilling funds and whilst they were lower than many of us would have liked (11 and 10 cents) they achieved their purpose in getting a quick $6M+ in capital to fund the phase 2 exploration, analysis and drilling as well as getting several large institutions and companies on board. The institutions is what will generate the volume buying and drive the share price up as the story develops and companies like MOHO are a very positive endorsement which also contributes to positive market sentiment.

During these capital raisings there were several people saying the share price was going to drop below 10 cents and it would appear some people did not buy shares fearing this. However if you read what many of us have been posting about the St George exploration results, their methodology and proven success so far, EV and Battery Giga Factory market trends, increasing nickel supply deficit, LME stock levels depletion, etc, etc and did your own research you had the potential to purchase St George shares for between 10.5 and 11.5 cents from 20 June to 31 July, during which both capital raisings were completed. Several of us even posted were were accumulating shares and options and at times even paid up to 13.5 cents.

All investors had the choice to buy at 10.5, 11 or 11.5 cents during June and July and if they did they would be sitting on a 76%, 68% or 61% profit as at close today.

So please stop complaining you were hard done by and the directors and brokers and everyone else is lining their pockets at your expense. We actually need them to help us reap the rewards from our investment in St George and we all need to take accountability for our own investment decisions.

Cheers SandyC

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Very well Said Sandy, There really is no need for any of this nonsensical idle negativity for the sake of being negative. I agree with you it is an expression of sour grapes, even if it is done as a silly joke. Over the last few months, there was plenty of time for people to take positions in SGQ
Cheers,
Helmenesh

SGQ Price at posting: 18.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 3.1¢		Change -0.003(8.82%)		Mkt cap ! $33.74M

Open	High	Low	Value	Volume
3.3¢	3.3¢	3.1¢	$223.3K	7.008M

Buyers (Bids)

No.	Vol.	Price($)
17	3118998	3.0¢

Sellers (Offers)

Price($)	Vol.	No.
3.1¢	94338	1

View Market Depth

No.	Vol.	Price($)
17	3118998	0.030
5	2394826	0.029
7	3115246	0.028
6	4300740	0.027
4	14886899	0.026

Price($)	Vol.	No.
0.031	94338	1
0.033	347058	2
0.034	459623	2
0.035	924370	4
0.036	1448775	3

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Very well Said Sandy, There really is no need for any of this...

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Buxton projects new graphite province discovery at WA Narryer play

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

BCI reaches close of funding facility for salt-first part of Mardie project

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

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Buyers (Bids)

Sellers (Offers)

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Very well Said Sandy, There really is no need for any of this...

Top Stories

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Buxton projects new graphite province discovery at WA Narryer play

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

BCI reaches close of funding facility for salt-first part of Mardie project

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News