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0.0¢ surfstitch group limited

I doubt it could go that far. The company has no debt and has...

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9

17/06/16

10:32

Post #: 18054986
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Originally posted by AgentSmith82 ↑

I think it is heading down to 15-18, June 30 is still, 10 trading days away... why not lock in the losses and take the risk that you'll get it at a lower price.

Also that 20 million short fall, when they say cash positive does that mean they gonna make that 20 million back and be positive after that ?

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I doubt it could go that far. The company has no debt and has 60m cash so it can only drop another 10% to about 22c before being valued on its cash alone.

SRF Price at posting: 25.5¢ Sentiment: None Disclosure: Not Held
3 Upvote

0 Great analysis

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