SGC 0.00% 0.5¢ sacgasco limited

I like the pumping 10 cents would be stratosphere for me....

  1. 2,164 Posts.
    lightbulb Created with Sketch. 563
    I like the pumping 10 cents would be stratosphere for me.

    Don't want to get ahead of ourselves though.

    I'm pondering I mean rumours such as Barnaby so and so's leases maybe it's true maybe just someone letting off hot air.

    However I've been thinking about it. If he's a non exec for invictus he's possibly likely to let them farm in for a stake for himself in sgc and xst which keeps cash outflow down for buy in to the project, the money sgc and xst then have coming in can fund the first well of the drilling campaign etc. If it's a big gas play 2-4 TCF it's likely to get a huge buzz around it. Therefore let's say Barnaby sells down for $2m - $1m each of shares in sgc and xst if the hype train leaves the station all of a sudden he's looking at $5-10m for those ownership stakes pre - drill.
 
watchlist Created with Sketch. Add SGC (ASX) to my watchlist
(20min delay)
Last
0.5¢
Change
0.000(0.00%)
Mkt cap ! $3.898M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 100000 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 383453 3
View Market Depth
Last trade - 16.12pm 19/06/2024 (20 minute delay) ?
SGC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.