Sorry OMR which bit have not heard before - Sophs investors selling and not holding or some selling higher for rights issue? I think if it goes up that will happen more and more so you need to wash to these new investors and this could take time. I would have also thought those holding a higher price would take up the rights issue and look at an opportunity to offload some of the higher costs shares. I think this will have an impact on the SP in ST. Sophs investors I do not believe will let it run at all and will get out along the way. Just my thoughts.
Agree just gonna take time, plenty coming up and need to get rid of the insurance/legal risk to restore investor confidence, and that is something I an used to with my shareholdings. It is an orphaned company because of what has happened but not to say the future cannot be better but it is high risk. They proved they can find oil but you cannot help bad luck. Just my thoughts.
GGE Price at posting:
0.6¢ Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)