SRK 3.33% 3.1¢ strike resources limited

new start, page-57

  1. 347 Posts.
    Wow! then sell!

    Some will say wasting - maybe others will say 'spending' 10's of millions to buy half of a company that if they were to buy 3 years ago would nave cost them $150m+

    Massive royalties? can someone else please explain that to me? we got their 50% and if we succeed do they better us? that comment beggars believe! You comment on that it depends on the current market cap. For faaaark sake their royalties are dependent on SRK producing - and if that was the case the current market price is rather irrelevant. It would be an absolute bargain.

    I agree the salary is quite excessive and I am disappointed with that. I would prefer more bonus related remuneration - but an extra $150K pa is really neither here nor there with respect to the success of the business. And the higher salary should make this guy try to earn his keep. Not too sure but I let's see.

    'The company has not drilled a hole'. Have you been following this company for long?

    For the record I think that this company has got massive hurdles to have any success. It is huge risk. But don't blame them for not understanding the risks involved and the time (that they actually have all along stated) that it will take to sort things out.

    I am interested in hearing from people that can see further from the share price.
 
watchlist Created with Sketch. Add SRK (ASX) to my watchlist
(20min delay)
Last
3.1¢
Change
0.001(3.33%)
Mkt cap ! $8.796M
Open High Low Value Volume
3.1¢ 3.1¢ 3.1¢ $620 20K

Buyers (Bids)

No. Vol. Price($)
2 26129 3.1¢
 

Sellers (Offers)

Price($) Vol. No.
3.3¢ 33132 1
View Market Depth
Last trade - 15.37pm 16/08/2024 (20 minute delay) ?
SRK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.