SGQ 8.82% 3.1¢ st george mining limited

I think some of the price retreat with SGQ at the moment may be...

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  1. 2,167 Posts.
    I think some of the price retreat with SGQ at the moment may be caused by those who took part in the cap raising, just taking risk free profits, and carrying their free options in to the drill results (who wouldn't... it's a free kick plus risk free 30%+). The volumes changing hands each day aren't huge so it could affect the SP short term as the 10 million shares wash through. Just a thought.

    But as John said, at least the money was raised and the drilling could get underway. The targets look exciting, so let's see!
 
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