SRK
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3.33% 3.1¢ strike resources limited

If D&C decide to buy out Strike and pay back the Apurimac loan...

  1. webral
    4,966 Posts.
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    25/09/12
    15:09
    Post #: 10768532
    If D&C decide to buy out Strike and pay back the Apurimac loan the share price probably doubles into the 20c-30c range with Strike continuing to trade at a discount to cash.

    If Strike go to 100% I don't see the share price dropping by 50%. More likely to hang around current range imo.

    Not a bad risk/reward for a short term trade if you believe D&C may have a backer.
    SRK Price at posting: 10.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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3.1¢ 		Change
0.001(3.33%) 		Mkt cap ! $9.931M
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3.1¢ 3.4¢ 3.1¢ $675 21.25K

Buyers (Bids)

No. Vol. Price($)
1 83978 3.1¢
 

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Price($) Vol. No.
3.3¢ 76808 1
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