SRK
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3.33% 3.1¢ strike resources limited

want 38c in cash for 11c check out this stock, page-2

  1. red-frog
    1,712 Posts.
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    04/10/12
    13:26
    Post #: 10812229
    I guess it depends what management does with the cash. The sp would go up to match any hand back to holders, otherwise the increase will be rather less as the money will be absorbed into other projects over time imo. Still we should see some increase I hope.

    As an example, CHN has 33cps cash after their recent deal and plan to give 10cps back in December. Shares currently 25c.
    SRK Price at posting: 11.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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3.1¢ 		Change
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3.1¢ 3.4¢ 3.1¢ $675 21.25K

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