From watching the share price movement and volume I expect SOO to settle around 9 to 10 cents for the time being with a possible rise leading up to the end of the month, and the 2nd quarter commitment statement.
After that depends on people's thoughts of the commitment statement. Given the nature of the announcements made with regards to the 2006 annual result and AGM & EGM notices I fully expect this commitment statement to be upbeat with a glowing report of Richardson's performance and his noble financial contribution to stabilise the company, forget the fact that he got his shares for a pittance.
GOE Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held