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either way they should exit their holding and out the funds to...

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Haplo

11,447 Posts.

1186

14/10/14

12:42

Post #: 14121823
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Originally posted by Dazedandconfused ↑

Hi Haplo

I am just glad it is PMR reinventing itself and not SOC. I don't like it when a company drops its knitting and races off to do something else .... to me it indicates that what the company was initially doing was not worth the effort. [although SOC did strip out the best bits of PMR]

I have no idea how to value the PMR acquisition but since they will be raising cash I expect SOC will be diluted to a very minor holding. [IMO, just when the World looks like going into a tailspin it is not the best time to be buying a digital service company .... but whatever]

With the recent cash from the NSW Gvt we will at least see about $250,000 of new drilling by SOC. It must be prospective for it to have passed independent scrutiny.

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either way they should exit their holding and out the funds to good use...like paying of those New York guys and get them off out back.

PMR Price at posting: 27.0¢ Sentiment: None Disclosure: Not Held

SOC Price at posting: 1.8¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 11.0¢		Change 0.020(22.2%)		Mkt cap ! $13.89M

Open	High	Low	Value	Volume
9.5¢	12.5¢	9.5¢	$24.27K	216.9K

Buyers (Bids)

No.	Vol.	Price($)
1	4364	11.0¢

Sellers (Offers)

Price($)	Vol.	No.
11.5¢	100000	1

View Market Depth

No.	Vol.	Price($)
1	7368	0.096
3	135521	0.090
1	80000	0.086
1	50000	0.085
2	106250	0.080

Price($)	Vol.	No.
0.100	3497	1
0.120	12545	1
0.130	97482	2
0.170	59840	1
0.000	0	0

Last trade - 15.44pm 22/11/2024 (20 minute delay)

SOC (ASX) Chart