Australia's largest stock trading and investment forum Australia's #1 stock forum

SRF

Click for more information

0.00%

0.0¢ surfstitch group limited

SurfStitch Group Limited – Possible Class Action, page-95

First 95 Last

Share
Profile

Follow
Travely

608 Posts.

9

17/06/16

10:32

Post #: 18054986
Share

Originally posted by AgentSmith82 ↑

I think it is heading down to 15-18, June 30 is still, 10 trading days away... why not lock in the losses and take the risk that you'll get it at a lower price.

Also that 20 million short fall, when they say cash positive does that mean they gonna make that 20 million back and be positive after that ?

Expand

I doubt it could go that far. The company has no debt and has 60m cash so it can only drop another 10% to about 22c before being valued on its cash alone.

SRF Price at posting: 25.5¢ Sentiment: None Disclosure: Not Held
3 Upvote

0 Great analysis

Reply

Top Stories

AXP

Tambourah chases gold veins and mineralisation extension with drilling

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

There are more pages in this discussion • 12 more messages in this thread...

First 95 Last

Add SRF (ASX) to my watchlist