Following on from my previous post, as a reminder, she stopped trading at 15.5 in early August 2006. With current resistance at 13c, we could infer that once she breaks and holds that figure it should be a swift ride to 15/15.5c.
Given the recapitalisation, again Richardson holds 43% of the company. Given that many are holding at 15.5 and well above, volume may be tight apart from traders working off our curent assumptions.
There is no doubt that further rights issue will be forthcoming in 2007. SOO now appears to be a shell "seking new business opportunities". Sustainable Global Business Solutions appear to be the arrow head into the sustainable (solar) energy market - a key and perhaps fashionable speculative area of interest for high risk investors in 2007.
Top 20 owns 76.25% - a very tight register remains.
Following on from my previous post, as a reminder, she stopped...
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