SRK
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3.33% 3.1¢ strike resources limited

"Also the question of who's selling at the moment and why? Do...

  1. J.W.Pepper
    3,743 Posts.
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    25/09/12
    14:38
    Post #: 10768272
    "Also the question of who's selling at the moment and why? Do they know D&C intentions?
    Appears a good risk/reward at the moment with news due in one week but doesn't come with a guarantee." even if they do know there intentions and DC are going to make a counter offer that will leave SRK with $54.4mill cash at the end of October = 0.38 per share. Still not seeing a lot of downside except for current Iron ore prices which IMO will improve into the new year.
    SRK Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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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
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