I would suggest that if not on this drill, then the next they will be doing what ever they can to put "DISCOVERY" into the announcement....... and this is why I think that.
SGQ has 89.3m shares on issue following the recent placement to raise $1.2m at $0.12/sh. There are 48.5m listed options (SGQO) at an exercise of 20c expiring on 28 November 2014 and 100 performance shares. A successful drilling campaign would likely place these options in the money and if exercised would provide close to $10m to SGQ. There are a further 1.75m employee options which consists of:
0.75m options exercisable at 0.25/sh expiring on 28 November 2014 and;
1m options exercisable at $0.40/sh expiring on 28 November 2015.
These options if exercised are worth upto $10m......That is far to much money to go by the wayside..
Matt
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I would suggest that if not on this drill, then the next they...
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Last
3.1¢ |
Change
0.001(3.33%) |
Mkt cap ! $33.74M |
Open | High | Low | Value | Volume |
3.2¢ | 3.2¢ | 3.0¢ | $45.02K | 1.421M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 1345838 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.1¢ | 248713 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 1345838 | 0.030 |
7 | 2820153 | 0.029 |
8 | 1863997 | 0.028 |
4 | 1940740 | 0.027 |
10 | 15905428 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.031 | 248713 | 2 |
0.032 | 1589213 | 6 |
0.033 | 867656 | 7 |
0.034 | 449428 | 2 |
0.035 | 848105 | 7 |
Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
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