'Large' float or not... Market cap of SGX at 17.5 cents is just over $26 million. A little low IMO... don't you think? Is there anyone here who does not think SGX is currently very oversold? (I think even Clint said so... that was a joke haha :D)
What does the board think is a reasonable current market cap for SGX?... under normal market conditions...
@ 10 cents : $15 million
@ 20 cents : $30 million
@ 25 cents : $37 million
@ 30 cents : $45 million
@ 40 cents : $60 million
@ 50 cents : $74 million
Like I said... current market capitalization... stellar results (i.e. GM extension) and/or other great news would likely take us above $0.50 IMO.
red911
P.S. Suprised there was virtually no discussion yesterday re: Lucrum Capital/Sheltered Oak RTO... Stay focused people! FUNDAMENTALS HERE HAVE NOT CHANGED!