I'm getting a little frustrated with managements recent 'investmens' in little dodgy explorers here and there. They look more like handouts to me with us owners of the company unlikely to see any benifit for decades, if at all. Why they continue to buy more of Goldminco is perplexing. They have nothing worth investing in.
What they should be doing is buying advanced staged projects that they can start developing and producing in the short term. They have the balance sheet to do it. Why put 5m in here and there when you could buy a couple of projects that will start spinning cash in a year or two?
SDG
I'm getting a little frustrated with managements recent...
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Last
32.0¢ |
Change
-0.025(7.25%) |
Mkt cap ! $28.87M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.5¢ | 32.0¢ | $32.56K | 98.15K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9999 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 1537 | 2 |
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| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| SRL (ASX) Chart |