SXG 1.79% $3.30 southern cross gold ltd

I still don't understand who would be buying SXG at anything...

  1. 1,965 Posts.
    lightbulb Created with Sketch. 25
    I still don't understand who would be buying SXG at anything above 7c a share ($45'000 through today), when they can just buy the rights at 0.4c and exercise for a total of 6.9c??

    Am I missing something or are those who bought today just not paying attention (not aware of the rights or something)?
 
watchlist Created with Sketch. Add SXG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.