Interesting post from Jenduplex which shows that Borba is no certainty to flow.
https://hotcopper.com.au/threads/ann-trading-halt.5905364/page-61?post_id=51008593#.YCpBXk8_WDY
I believe that is why XST market cap is doing well when compared with SGC at the moment, because XST is exposed to a decent interest in the well but is not exposed to the majority of the risk and cost, and therefore XST offers the perfect balance between risk and reward when compared with SGC. XST also offers superior liquidity when compared with SGC, which will be very important when the risk kicks on.
That said XST, SGC and SGCOA are all going to do very well imo.
SGC v XST Market Cap 15th Monday Feb, page-3
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.587M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $59.70K | 14.93M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 29956613 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 1992623 | 6 |
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| Last trade - 14.09pm 28/06/2024 (20 minute delay) ? |
| SGC (ASX) Chart |