re: solco closed at a$0.38 in germany kreats...This could be...

re: solco closed at a$0.38 in germany kreats...

This could be another DYE in my opinion.

Interesting phsychology at play here too...I wonder how many will buy SO with DYE in the back of their minds...and hold on a bit longer than they may have for fear of missing out again?

SOO is making money, in a growth industry and currently supporting a market cap of just over AUD$20m with the shares as 27c.

We all know what the Germans are prepared to support in terms of market caps in this sector, so this could get interesting.

They are obviously in this today...the spike on open and intra-day activity is indicative of this...but if you are still not convinced, the increasing interest in SOO, along with the share price on the German bourse should be enough of a clue!

In my opinion, the recent spp will weigh heavily on this sudden interest short term...but with only 2.2m or so shares going to shareholders in the spp at 20c and more than 3.5m shares already traded today...it will not be long before these are washed through the system.

It never looks clear in the early stages...but it does later on.

If we see another gap up on the open tomorrow...it will be game on in earnest!

Cheers!