SRK 6.45% 3.3¢ strike resources limited

I remember that day well. Even posted on HC straight...

  1. 1,857 Posts.
    I remember that day well. Even posted on HC straight after.

    Thought about getting back in many times (bar the odd small trades) but resisted.

    Never thought Id see 50c on SRK again, and while id still like to get back in at these levels, not really wanting to invest into small scale Indonesian operations atm.

    While peru is exciting imo, SRK had the chance to sell the project on behalf of shareholders at over 4 times current price. I took the sell. They didn't.

    One thing going for SRK is the Usmanov factor. But his reputation has just been slapped, by taking a placement a $2.75 (best sell of the year by SRK management) and seeing it dissolve by 80%.

    Not discounting SRK management to turn things around but burning cash in Indo may not sit well with some investors

    Cheers,
    The Sparkler



 
watchlist Created with Sketch. Add SRK (ASX) to my watchlist
(20min delay)
Last
3.3¢
Change
0.002(6.45%)
Mkt cap ! $9.931M
Open High Low Value Volume
3.3¢ 3.3¢ 3.2¢ $3.157K 95.80K

Buyers (Bids)

No. Vol. Price($)
2 100268 3.1¢
 

Sellers (Offers)

Price($) Vol. No.
3.5¢ 117000 1
View Market Depth
Last trade - 14.34pm 18/11/2024 (20 minute delay) ?
SRK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.