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10.5¢ soco corporation ltd

Learnt a while ago to stick with Forex mate :P

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happypappy

705 Posts.

21/12/16

14:55

Post #: 21490442
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Originally posted by Erg0ph0bia ↑

We are witnessing the final steps of a successful corporate raid.

Before GTT came along, SOC had Mount Adrah, Halls Peak, ~$2M assets in the form of a pending R&D tax offset payment and 396m shares on issue.

After the IPO SOC will have Mount Adrah, Halls Peak, no cash, and more than 1.4b shares on issue (pre consolidation) A majority of the 1b new shares are now in the hands of the new directors, their friends and family members.

What is more disappointing is that all of this has occurred under the noses of the ASX, ASIC and the Takeovers Panel with shareholders screaming.

The ASX is a total joke, best to invest in private companies.

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Learnt a while ago to stick with Forex mate

SOC Price at posting: 2.7¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 10.5¢		Change 0.000(0.00%)		Mkt cap ! $14.51M

Open	High	Low	Value	Volume
11.0¢	11.0¢	10.5¢	$10.54K	100K

Buyers (Bids)

No.	Vol.	Price($)
1	9090	11.0¢

Sellers (Offers)

Price($)	Vol.	No.
12.0¢	9789	1

View Market Depth

No.	Vol.	Price($)
1	9090	0.110
2	21198	0.105
1	29504	0.100
1	21052	0.095
1	10999	0.091

Price($)	Vol.	No.
0.120	9789	1
0.125	27183	1
0.130	35296	1
0.140	200000	1
0.170	59840	1

Last trade - 11.33am 03/05/2024 (20 minute delay)

SOC (ASX) Chart