Strike had far longer to line up a buyer - and they know the type of company that D&C isand their potential to raise the funds. The question is why did Strike offer a low price knowing this? Strike had been at the time of the Cuervo deal been assessing other projects, and we must remember that Strike owns large concessions by themselves in Peru (not as part of AF).
Just throwing it out there that Ken and the team does not overly mind losing the shootout - maybe better fish to fry in a structure of their choosing and this is a strategic 1 step backwards in order to take many forward later on?
I would like to belive that they have a plan or two up their sleaves. If we do lose the shootout I think what they then announce will be quite interesting (which direction that they will go - as I have always said, certainly do not expect that this company will be wound up - or any 'special' dividends to shareholders.
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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 |