Well from 6c we went to 12c,then today we settled at 18c for a while before we proceeded to 24c and then a correction/profit selling back to 18c,so the 6c gaps seem to be ruling.....will we see 24c again tomorrow before a run to 30c or do we head back to 12c,wish I know the answer,I still think 24c can be achieved again,it all depends what announcements we get,there was a lot of heavy buying today at the 20c mark and with a market capital of just $13m I honestly think this has got a lot of upside still to go,we all know a very positive ann will take it to the roof but it is still a 60/40% situation....nothing goes up in a straight line,SIR went to 60c then down to 47c and then to 99c,what people are missing is that the top 20 hold 45% of this stock so that leaves only 40m shares around to trade and we saw 97m traded in just 2 business days plus the 45 minutes on wednesday. It all depends really on 1 thing......BLACK GOLD.
SGC Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
