plenty of ways to get the market to value SRK correctly. Bringing in a strategic investor via a sell down of say 25% would effectively put a value on the assets that the market can work with, would also provide funding for SRK in relation to the remaining 75%.
Definitely someone accumulating, what was the 700k bid at 16c just before close?
not sure you would get good value by selling now tokyo.
The resource is got to be worth $50m at the very minimum, add $15m in cash, $65m or 44c per share. Thats a premium of 267% to the last price. Premiums like that happen occassionly but not very often.
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plenty of ways to get the market to value SRK correctly....
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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($) | Vol. | No. |
---|---|---|
3.3¢ | 76808 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 12987 | 0.077 |
1 | 50000 | 0.075 |
1 | 250000 | 0.072 |
1 | 100000 | 0.071 |
1 | 50000 | 0.070 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 19545 | 1 |
0.083 | 1300 | 1 |
0.084 | 90000 | 1 |
0.086 | 47000 | 1 |
0.088 | 10000 | 1 |
Last trade - 15.58pm 15/11/2024 (20 minute delay) ? |
SRK (ASX) Chart |