STTCOMP OGX TA SHORT
SP 0.004c
MC 6m
S.O.I trillions
Cash bugger all
Fully underwritten renounceable entitlement offer to raise 5m at 0.002c...Current SP- 0.004c.
Market cap of 6m and debt at 3x market cap.
Oz of gold mined so far...bugger all
309oz at a cost approaching 28m
TA.
Maccy D has not crossed above zero in last 6 months.
trading at all time lows currently down 95% from 52 wk high
..
Technically the chart is a duster and a 50% discount entitlement off to current SP is a total clusterf**k.
Price should be driven down towards 0.002c at some stage...Hopefully not straight away.
Scary times for OGX holders and am still amazed the thread has people posting even today with a BUY sentiment.
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