We know the Germans are all over this...as they were with DYE...but are we simply seeing senseless buying, or could there be other reasons?
I can see significant announcements from three key areas possible in March...
1. We know an announcement is due any day regarding an "inovative" finacing arrangement, aimied at helping facilitate the purchas of SOO products.
2. We also know that SOO are looking at up to seven possible acquisition targets at the moment...with three of these expected to be acquired any time withing the next 3-9 months.
Or perhaps this might surprise...
3. "Solco has signed an option agreement with an American company for a manufacturing license for a number of Western African countries for 5 percent of the $US900,000 ($A1.2 million) license price. If the option is exercised before it expires March 23 next year (2006) it will be Solco's largest and most profitable license sale ever."
Probably a few other left-field announcements that could surprise...but any one of the above should be enough to ignight the stock.
Yesterday's buying zone was 26c...today it was 35c.
Where will it be tomorrow...44c?
Cheers!
GOE Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held