Tantalum/gold producer Sons of Gwalia (SGW) rises 18 cents or
7.0% to A$2.77 on heavy 2.5 million volume, after adding 11 cents yesterday, to
be up 16% from a week ago. Several factors coming together to help SGW gain
ground, including reports of growth in global tantalum demand. Gold price
holding above US$390/oz won't be harming prospects. SGW used to have wide-open
share register, but in past month Schroder, Goldman Sachs, JP Morgan, National
Australia Bank, have all filed substantial shareholder notices, effectively
covering 22% of shares. So, suddenly supply tightens. All up, SGW looks set for
substantial rally.
- Forums
- ASX - By Stock
- SGW
- substantial rally
SGW
sons of gwalia limited
substantial rally
-
- 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 SGW (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online