SRK 6.45% 3.3¢ strike resources limited

who keeps selling it down, page-8

  1. 518 Posts.
    Who knows why they'd want out, but i did read recently that Deutsche Bank were declaring the commodity bull run over. Might have something to with that or they could just be raising cash for fund withdrawals or changing asset allocations within their funds. I would imagine this was a very small position in their portfolio, and when they decide they want out, they do it pretty swiftly even if they're doing it at a loss

    Doesnt bother me too much though, just means we can pick up more at cheap prices. Only situation where it would be a prob is if SRK needed to raise some cash, and they'd have to do it at a highly dilutive price. Considering we have our Russian friend though we are sweet. Just a matter of hanging in there
 
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Last
3.3¢
Change
0.002(6.45%)
Mkt cap ! $9.931M
Open High Low Value Volume
3.3¢ 3.3¢ 3.2¢ $3.157K 95.80K

Buyers (Bids)

No. Vol. Price($)
2 100268 3.1¢
 

Sellers (Offers)

Price($) Vol. No.
3.5¢ 117000 1
View Market Depth
Last trade - 14.34pm 18/11/2024 (20 minute delay) ?
SRK (ASX) Chart
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