Hi Caesius
I did not say the price will drop in the short term. What I did say is the price will go to 0.14 and likely remain mispriced until a killer announcement from SOLG eventually comes through. NM s presentation reveals he is planning to develop SOLG into a major mining company. I believe SOLG based on its Ecuador riches could be worth 3 pounds plus a share or AUD 5.40 a share which would make it a cheap major and its price would be under pinned by being a component of many index funds. The 204 mill shares held by DGR would be then worth 1.1 Bill or AUD 1.57 cps. Before that happened BHP et alia could make a serious bid above 1 pound for SOLG and if accepted give us a big pile of cash to benefit shareholders.
Hi Caesius I did not say the price will drop in the short term....
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Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $14.61M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.1¢ | $21.24K | 1.780M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 189268 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 2202058 | 3 |
View Market Depth
| Last trade - 15.57pm 25/11/2024 (20 minute delay) ? |
| DGR (ASX) Chart |
