Rather than derail the thread as per usual, why not discuss the subject
The key point is that a certain party has taken 5%+ of the company, at a 10-15% premium to market in something we all agree is rather illiquid
So despite what the naysayers here think, someone is having a decent lash at SOC to come on as a substantial holder and at a premium
Which means, that regardless of what the so called experts claim about Mt Adrah, someone with far deeper pockets is not worried and is happy to enter the register at a premium
As we saw on ABZ with Hudson & Raffles selling, it indicated to me at least to be a precursor to a big corporate move. The new party rallied the stock from 16c - 29c in under a week, likely bringing in their stable and contacts
I have always said that is exactly what SOC needs on the register, and it looks that it may just be happening
The question is why ?
Obviously this party see's something in SOC that a few here can't, but many of us do
Money talks, so I'm very keen to see who they are and what is potentially going to unfold
SOC Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held
