SRK 3.33% 3.1¢ strike resources limited

to receive us $62 & market cap $16m wow, page-111

  1. 2,347 Posts.
    lightbulb Created with Sketch. 93
    LB, you are spot on...

    There's a reason why they bid $27mil like I've been saying.....we just don't know what it is because we're not particular to the T & C's of the shootout clause are we? But I can guarantee you that they wouldn't of done it because they are good blokes, that's not the way business works and if anyone thinks that they are in fantasy land.

    This will play out shortly one way or another and then it will all make sense to us...

    This will go 2 ways in my opinion...

    If you think the bid is real and they'll pay up the $62mil, then this will go to 40c overnight if it happens.

    If (like me) you think something smells fishy and the deal doesn't go through and some legal issues happen, although they'll end up with 100% of AF I reckon the market will still perceive this is a negative and the SP will get hit in the short term and will go back down to previous levels.

    All imo only......dyor!
 
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