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3.33% 3.1¢ strike resources limited

Tokyo,It was just before the GFC sh*t hit the fan and when the...

  1. huninni
    2,347 Posts.
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    01/01/13
    21:22
    Post #: 11240824
    Tokyo,

    It was just before the GFC sh*t hit the fan and when the offer came in SRK actually rejected the offer whereas D&C/MAPSA wanted to sell out but SRK blocked it and that's what started the bad blood between both partners.

    GFC then fully hit and all majors pulled investment out globally including Xstrata.

    Fair to say SRK really farked up. At that time based on this Ann the SP hit a record high of $3 and the Russian Oligarch invested $50mil in SRK around those prices. Rest is history...

    Potential 10 bagger this one if you have a lot of patience. Soon as I've got Cash, I'll be back in.
    SRK Price at posting: 16.5¢ Sentiment: LT Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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