SSC sultan corporation limited
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On 09Feb2011 they raised $1.25 mill to ?Professional & Exempt...

  1. The Ace
    9,997 Posts.
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    21/04/11
    08:47
    Post #: 8298993
    On 09Feb2011 they raised $1.25 mill to ?Professional & Exempt Investors? 156 Million shares at a price of 8 cents each.

    SSC now wants to raise a further $4Mill and there is mention of a 20% discount of the SP when doing so.

    What do u guys think about where the SP will be at this ca$h raise?

    Around 8 cents - or current levels? Might be a bargain now or over valued by 20%. The higher the SP the less shares they need too issue. Perhaps The Bot is in the know that is why he/she is loading up now?

    Thoughts.....?
    SSC Price at posting: 2.7¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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