SGQ 3.13% 3.3¢ st george mining limited

Ann: St George Opens Share Purchase Plan, page-49

  1. 624 Posts.
    lightbulb Created with Sketch. 14
    The scale back will be awful if SGQ seek to avoid further dilution and only raise the $1.6M. Unmarketable parcel allocations. Bad outcome.

    SGQ are being sent around $45M if it runs full term. The SGQ SPP is already way oversubscribed.

    I am surprised a close of the SPP notice has not been issued today.

    It is important to know that you can look up the number of shareholders = 3,514 (About the Data).

    SGQ need to go to the full $9.9M allowed raising to avoid meaningless SPP allocations - that is an unmarketable parcel allocation to all applicants; i.e. less than $500 worth of SGQ to each applicant - even <$500 to applicants who sent in $20,000.

    SGQ need to turn the BPay off today.


 
watchlist Created with Sketch. Add SGQ (ASX) to my watchlist
(20min delay)
Last
3.3¢
Change
0.001(3.13%)
Mkt cap ! $32.62M
Open High Low Value Volume
3.2¢ 3.3¢ 3.2¢ $27.46K 833.4K

Buyers (Bids)

No. Vol. Price($)
2 516800 3.1¢
 

Sellers (Offers)

Price($) Vol. No.
3.3¢ 385690 2
View Market Depth
Last trade - 16.10pm 18/07/2024 (20 minute delay) ?
SGQ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.