Sosandar (SOS)

Sector:

Retailers

Index:

FTSE AIM All-Share

 12.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 26.00p
  • 52 Week Low: 11.25p
  • Currency: UK Pounds
  • Shares Issued: 248.23m
  • Volume: 120,143
  • Market Cap: £29.79m

Orogen raises 0.7m pounds for Mutsk drilling

Date: Friday 04 Oct 2013

LONDON (ShareCast) - Gold explorer Orogen has tapped the market for 650,000 pounds to help speed up its exploration programme at the Mutsk gold project in southern Armenia.

It placed 216.6m shares with existing and new investors at a price of 0.3p a share. The placing represents 9.04% of the company’s enlarged share capital.

Orogen reported a positive start to its drilling campaign at Mutsk in August.

Chief Executive Ed Slowey said: "These new funds will provide us with a strong base from which to plan our 2014 work programme, and will also allow us to re-commence drilling during the remainder of this Autumn season"

The five Directors in the company including Slowey subscribed for 6.7m shares each in the placing.

Shares in Orogen were up 1.5% at 0.34p at 15:08 on Friday.

TB

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Sosandar Market Data

Currency UK Pounds
Share Price 12.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 26.00p
52 Week Low 11.25p
Volume 120,143
Shares Issued 248.23m
Market Cap £29.79m

Sosandar Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
20.5% below the market average20.5% below the market average20.5% below the market average20.5% below the market average20.5% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Price Trend
71.97% below the market average71.97% below the market average71.97% below the market average71.97% below the market average71.97% below the market average
85% below the sector average85% below the sector average85% below the sector average85% below the sector average85% below the sector average
Income Not Available
Growth
53.71% above the market average53.71% above the market average53.71% above the market average53.71% above the market average53.71% above the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 1
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Sosandar Dividends

No dividends found

Trades for 23-May-2024

Time Volume / Share Price
12:25 1,908 @ 11.51p
12:12 5,000 @ 11.51p
09:22 50,000 @ 11.50p
09:21 50,000 @ 11.51p
08:06 11,526 @ 11.51p

Sosandar Key Personnel

CFO Stephen Dilks

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