SHH 0.00% 1.7¢ shree minerals limited

Ann: Quarterly Cashflow Report , page-6

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  1. 485 Posts.
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    Hrcka,
    Yeh there is just no liquidity at all in this Stock.

    With 66% of shares held by 4 Parties
    It would seem the other 34% have left town ,so to speak.!!

    By nearly any metric,the current Market Cap is undemanding.
    It is just no one seems very interested to bid up the stock,
    even though the trajectory of the enterprise is on the up.
    Especially as the company is now in Production & there is cash entering the Treasury...& there exists only a small debt of around 3.2m$

    More drilling & a longer mine life may help with MCap,
    but this is a stock for the Middle Drawer,so to speak.

    Long term, a tightly held stock of a solid enterprise is a builder of wealth.
    As long as the managers/ directors act in best interests of ALL shareholders.
    Short term ,the same can move violently up or down on small parcels .
    This is a not a stock for traders!

    Best,
    SG.

 
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Currently unlisted public company.

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