ridicously stupid. the shares break upwards late on friday sending strong charting buy signals for today. gold price strong and shares were likely to push significantly higher today after fridays price break out up above the 10/11c plus range I believe and they do a cap raising just as it was about to take off.
unless the cap raising is at a large premium to the current price they have just stopped all momentum.
so much for their talk about trying to get the shares re rated. they only done a placement 3 weeks ago I noticed.
great story and prospects but perhaps no common sense
SXG Price at posting:
7.9¢ Sentiment: None Disclosure: Not Held
