Once bitten twice shy Shady.
Based on the companies past performance the length of time and amount of dilution it is going to take see any value returned to shareholders is not worth it.
Since 2021 SPQ have had the low cost opportunity through steam engine to bring in enough cash flow to have 3 drill rigs spinning at Big-Mag, Cockie, and BT simultaneously, at zero dilution to shareholders. The fact they are still spinning the wheels and funding through low ball crap raises reduces my trust in hwang to zero. I believe he is incompetent and happy to just have shareholders pay his salary each year. There is absolutely no indication of any intention or urgency to get things done properly in reasonable time. Its just a sad wasted opportunity.
Once bitten twice shy Shady. Based on the companies past...
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SPQ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.6¢ |
Change
-0.002(25.0%) |
Mkt cap ! $12.00M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.8¢ | 0.6¢ | $20.47K | 2.920M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 11739026 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 1081054 | 1 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| SPQ (ASX) Chart |