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11.1%

0.8¢ sacgasco limited

Ann: Notice of General Meeting, page-7

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jwgloede

312 Posts.

249

01/02/21

09:56

Post #: 50595764
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Originally posted by jwgloede: ↑

Anyone else get the feeling this is trading like more funds are about to be raised?? very low volume, holding the price up well??

This Friday is the GM, ratification of 7.1 & 7.1A will allow up to another 67Mill shares to be issued if required.

The last raise was completed at .035c the next could be done at .07c (100% gain on the 1st) and would be well supported if it guaranteed a spud date.

Im confident the wheels are turning hard behind the scene to ensure everything is being considered to firstly drill Borba (and succeed) & secondly finalizing a WI structure that maximizes leverage for SGC shareholders first and foremost.......stated by GJ in the last update.

The thoughts above are all in my opinion..... however if a CR to lock in Borba and the final WI is complete.... then they have my vote to do so, it may even lead to SGC retaining in excess of +51%WI (60%....???)

I’m sure we are close to the next significant announcement and step forward either way. GLTAHs (XST included)

JW

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Well there it is...... hopefully it’s the final piece of the puzzle!!

Bring on the rig!

JW

SGC Price at posting: 7.7¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.8¢		Change -0.001(11.1%)		Mkt cap ! $7.017M

Open	High	Low	Value	Volume
0.9¢	0.9¢	0.7¢	$3.653K	451.9K

Buyers (Bids)

No.	Vol.	Price($)
1	200000	0.7¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	868001	1

View Market Depth

No.	Vol.	Price($)
1	200000	0.007
11	3450867	0.006
20	10484230	0.005
5	10454279	0.004
6	17549998	0.003

Price($)	Vol.	No.
0.008	944154	1
0.009	2280931	4
0.010	1016562	2
0.011	429000	3
0.012	1839526	5

Last trade - 16.10pm 10/05/2024 (20 minute delay)


Last 0.8¢			Change -0.001 ( 11.1 %)
Open	High		Low	Volume
0.8¢	0.8¢		0.8¢	132404
Last updated 15.55pm 10/05/2024 ?

SGC (ASX) Chart