SGQ 3.13% 3.3¢ st george mining limited

The scale back will be awful if SGQ seek to avoid further...

  1. 624 Posts.
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    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.


 
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Last trade - 16.10pm 18/07/2024 (20 minute delay) ?
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