Hi Caesius
I did not say the price will drop in the short term. What I did say is the price will go to 0.14 and likely remain mispriced until a killer announcement from SOLG eventually comes through. NM s presentation reveals he is planning to develop SOLG into a major mining company. I believe SOLG based on its Ecuador riches could be worth 3 pounds plus a share or AUD 5.40 a share which would make it a cheap major and its price would be under pinned by being a component of many index funds. The 204 mill shares held by DGR would be then worth 1.1 Bill or AUD 1.57 cps. Before that happened BHP et alia could make a serious bid above 1 pound for SOLG and if accepted give us a big pile of cash to benefit shareholders.
Hi Caesius I did not say the price will drop in the short term....
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DGR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.48M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 314769 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 406969 | 2 |
View Market Depth
| Last trade - 16.11pm 21/06/2024 (20 minute delay) ? |
| DGR (ASX) Chart |
Day chart unavailable