Agree - Had forgot about the Cuervo connection.
Was thinking about Indo & thinking no guarantees so no entice meant.
So instead of being a 50% owner of AF with financial investment required they can be
i)a owner of SRK shares (which they can divest at anytime)
ii) Only have a financial liabilty on a CR (which they can participate at their own choice)
iii) an indirect owner of Cuervo & indo as a shareholder in SRK.
Ifyou consider that AF owes SRK & SRK has basically been the only one putting cash in you maybe right that having SRK & not having to pay out any running costs maybe tempting to D&C
The negative of course is SRK has total control & D&C will not be able to influence direction (eg. sell or develop) except as a sharholder like the rest of us (obviously with more power (votes) than the rest of us).
Interesting Choices. While this would be great for SRK & AF would we receive SP recognition?
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very tasty reversal play here punters, page-14
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3.1¢ |
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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 |
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