I traded this stock today....bought 2.95, sold 2.99.
With quarterly report tomorrow, no way I was going to hold them overnight. They've got problems.....due partly to lazy management/Board. However, I note last week that Nokia is very bullish for next year.....could mean more demand for tantalum....but I would be very careful about this stock. Could be a few problems hidden.
As for takeover, NCM is top of the list. Who would want SGW at this time?? Definitely not US or S.African companies....they don't want the tantalum. If anything, I'd predict a split-up.....tantalum on its own & the gold interests sold.
CHEERS
SGW
sons of gwalia limited
sons of gwalia 10 year lows, page-5
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