SGC 0.00% 0.4¢ sacgasco limited

Ann: Philippine Service Contract Extensions, page-11

  1. 3,050 Posts.
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    If they needed to raise capital it was better option executed at 4 cents that would raised approx. $5M. Now if they looking for capital raising it closer 3 cents more dilution. Options has month half need shares to trade over 4 cents it isn't looking good. I think company missed opportunity earlier in year not having option under written what share price trading over 8 cents.
 
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