SOLG appears to have a good lease position and chance of success however for DGR, when you look at the SOLG market cap, cash position and future cash requirements, they should look at selling some of their holding at these levels pre drill. If initial results dont excite then SOLG will fall to 3p or so rather quickly....the extra cash would push out DGR funding requirements, limit dilution and maintain their exposure in AJQ, OBS and other assets while still leaving good leverage to SOLG.
Sure, if the SOLG hits then its the silly season, but DGR with their business model should look at it on a risk reward basis.
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SOLG appears to have a good lease position and chance of success...
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.52M |
Open | High | Low | Value | Volume |
1.3¢ | 1.3¢ | 1.2¢ | $14.42K | 1.186M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 954545 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 664999 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 954545 | 0.011 |
3 | 1931719 | 0.010 |
9 | 4913750 | 0.009 |
4 | 4120000 | 0.008 |
4 | 3300000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 664999 | 2 |
0.015 | 877000 | 3 |
0.017 | 1385692 | 3 |
0.018 | 1000000 | 1 |
0.019 | 190216 | 1 |
Last trade - 15.26pm 31/10/2024 (20 minute delay) ? |
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