This B.O.D. is about to do their umpteenth share-diluting CR because they're incapable of obtaining finance to bring us through to production. Already 753 million shares on issue and a whole heap more to be created after Monday's announcement. Soon there'll be over a billion SVL shares. Posters giving fellow shareholders an unrealistic prospect of these guys becoming an $8 Billion company is just plain wrong. 1 billion shares at $1 is unlikely, let alone SP of $8 . Folks need to keep their feet on-the-ground to avoid disapppointment..especially with these guys at the helm.
The only way Bowdens will be brought to fruition is when SVL is swallowed up by a proper mining-company (taken over) with directors who have a proven track-record of building a mine. This current B.O.D
has demonstrated a history of pulling stunts and now they've jumped on a huge silver-price spike to try to fleece shareholders by making us pay too much on this latest CR..unless it's a highly-discounted 'sweetheart deal' placement to one of their insto mates..We'll find out on Monday..
Retail shareholders have been stiffed by these guys time & again. Their 1st move as new B.O.D. a few-years-ago was to do a CR at 15c to institutions and they promised retail-holders we could participate at same price. A few days later the SP rose into the 20's on the back of a silver price-rise and they reneg'd on their promise citing price difference, on record with my Trent Franklin emails previously substantiated. They could've raised tens of millions $ (just by honouring their commitment) and avoided the string of small-value CR's that followed..including the issue of 100 million shares around 3c.
I'd like to know who's behind the up-ramping campaign flooding this forum..just ahead of the latest share-diluting CR. This B.O.D. cannot be trusted. Bring on a takeover by somebody more reputable
- Forums
- ASX - By Stock
- SVL
- Reality: 753 Million SVL shares +
Reality: 753 Million SVL shares +
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SVL (ASX) to my watchlist
|
|||||
Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $158.3M |
Open | High | Low | Value | Volume |
10.5¢ | 10.5¢ | 9.9¢ | $634.0K | 6.251M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 406168 | 9.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 1891310 | 21 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 37000 | 0.110 |
7 | 181395 | 0.105 |
8 | 201033 | 0.100 |
2 | 145200 | 0.099 |
4 | 281674 | 0.098 |
Price($) | Vol. | No. |
---|---|---|
0.100 | 304053 | 4 |
0.105 | 2067175 | 20 |
0.110 | 1483709 | 12 |
0.115 | 1145652 | 16 |
0.120 | 812688 | 9 |
Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
Featured News
SVL (ASX) Chart |