SGC share price has moved very nicely over the past few weeks, and seems to me that the management has done a good job with recent deals and fund raising to maintain the company prior to making what I'm sure will be a company-making arrangement at Dempsey as a starter. With a market cap below $10 million and the potential for Dempsey (as a starter!) to be a billion dollar gas discovery I have every confidence the share price will move towards 20 cents with any announcement. Thus if I have to wait until Mar 2017 or even June 2017 I am happy to sit and maybe pick up a few more that might wriggle free at around the current price (or maybe a tad lower!).
I know its been a long wait, but the patient shareholder I am confident will finally be rewarded.
Ann: Sept 2016 Quarterly Activity and Cash Flow Report-SGC.AX, page-3
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.119M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $21.21K | 5.413M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 32452091 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 1540694 | 1 |
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| Last trade - 15.22pm 21/06/2024 (20 minute delay) ? |
| SGC (ASX) Chart |