nihilism
you've got it wrong
they may be forced to take one of the other deals which arent as good but under all circumstances the bidder must repay the loan (c.$35m) in addition to the bid price
so if the deal falls through and the next bidder wins, SRK still receives $35m plus the c.$18m they already have plus $4m from Berua so that would be around $57m (40c per share)
bear in mind no tax will be paid on this either
the loans are secured so very little chance of D&C walking away with the assets
- Forums
- ASX - By Stock
- SRK
- to receive us $62 & market cap $16m wow
to receive us $62 & market cap $16m wow, page-29
-
- There are more pages in this discussion • 122 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SRK (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.1¢ |
Change
0.001(3.33%) |
Mkt cap ! $9.931M |
Open | High | Low | Value | Volume |
3.1¢ | 3.4¢ | 3.1¢ | $675 | 21.25K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 83978 | 3.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.3¢ | 76808 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 12987 | 0.077 |
1 | 50000 | 0.075 |
1 | 250000 | 0.072 |
1 | 100000 | 0.071 |
1 | 50000 | 0.070 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 19545 | 1 |
0.083 | 1300 | 1 |
0.084 | 90000 | 1 |
0.086 | 47000 | 1 |
0.088 | 10000 | 1 |
Last trade - 15.58pm 15/11/2024 (20 minute delay) ? |
SRK (ASX) Chart |