even if they lost the asset all together next week, the company has roughly 14c cash backing and other assets (which continue to show promising results)
very hard to see any downside, I am taking the punt and have been buying more today
possibly being held down to make an opportunistic bid??
if D&C Group have been running a strategic investor process to help them fund a counter bid then it is certainly cheaper for them to have a crack at SRK than match SRK's bid
the risk reward trade off is certainly attractive
unbelievably cheap find out here why, page-31
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 (20min delay)
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Last
3.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.931M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24670 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 4161 | 1 |
View Market Depth
| Last trade - 16.12pm 27/09/2024 (20 minute delay) ? |
| SRK (ASX) Chart |
Day chart unavailable