SPX 9.09% 1.0¢ spenda limited

Ann: Change in substantial holding, page-17

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  1. 2,831 Posts.
    lightbulb Created with Sketch. 9
    The fear mongering around is ridiculous. Oyr big risks are:
    1. Is the gold of sufficient grade and tonnage - i believe so, and at much less depth;
    2. Cap raise - so what... Its a normal course of business and i wouldn't be surprised the sp continues to climb (after a brief dip) afterwards. They should have ~$500k left by end March accounting for the extra drilling. And who is to say they don't raise at a premium !;
    3. Dizzy heights of sp - well we're actually sub $25m M Cap, which for what we've hit is actually low. I've seen shells hit this valuation, so $50m M Cap is not of out the question;

    I'm expecting a few profit takers today, and it being friday, but TH could come Monday/ Tuesday for results.

    Holding.... Plenty.
    Last edited by Eclectic_nish: 22/03/19
 
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Last
1.0¢
Change
-0.001(9.09%)
Mkt cap ! $47.56M
Open High Low Value Volume
1.1¢ 1.1¢ 1.0¢ $10.87K 1.001M

Buyers (Bids)

No. Vol. Price($)
25 10146621 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 1853319 4
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