SRK 6.45% 3.3¢ strike resources limited

I have cash backing at about 55c. The buy back will come and...

  1. 2ic
    1,317 Posts.
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    I have cash backing at about 55c.

    The buy back will come and when the calvary arrives the share price will rise under the support. Why hasn't it begun or annoucement made as to the timing? No doubt these blokes will wait until mates are further set at the bottom before swanning in with the companies money to give insiders a nice little trade profit. Appollogies for being cynical but this ship has leaked badly in all directions last and I don't see the insiders buying yet.

    I accept this game is a contact sport and you get hit but the big ramp about a buy-back then no follow-up has hit the retail supporters another sucker punch after a long painful slide. IMO management should be ashamed to play the card then stand back while retail fodder gets put to the sword before cleaning up. Ahh to be on the inside would be wonderful wouldn't it.

    goodluck .... crazy to sell at these levels hope you all can hold on.

    cheers
 
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3.3¢ 3.3¢ 3.2¢ $3.157K 95.80K

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2 100268 3.1¢
 

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3.5¢ 117000 1
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