SOC 0.00% 10.0¢ soco corporation ltd

Ann: Suspension Request, page-8

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  1. 23,919 Posts.
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    As at last quarterly, they had $1.5M in cash and expected to expense $700K this quarter

    Would leave them with $750K or less in the bank currently

    I would take that with a grain of salt though, as the report before they expected to spend $475K, instead it was $750K, $300K of which was admin alone !

    I'll be watching for a rally up to potentially 0.6-0.8c or higher, swiftly followed by yet another highly dilutive CR. In the meantime, watch for some perfectly timed related party selling on the highs and some loading back in through placements on the lows

    GTT wouldn't know what to do with a DSO grade strike if it hit them in the face. First thoughts will be, how do we make $$$ from this, other than good management and letting the SP run
 
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