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?
Agree - Had forgot about the Cuervo connection. Was thinking...
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Last
3.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.931M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24670 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 4161 | 1 |
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| Last trade - 16.12pm 27/09/2024 (20 minute delay) ? |
| SRK (ASX) Chart |
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