SRT 0.00% 16.0¢ strata investment holdings plc

Ann: INTIGER GROUP LIMITED - COMPLETION OF ACQUISITION-SRT.AX, page-62

  1. 239 Posts.
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    Thanks @anatol, agree with your comments, however I would think 10c is fair value a bit sooner than that.

    We need to forget about "2.6c", and comments linking new price to that (either up or down), in that it can't double or triple on relist.  It can, and probably should.  We're now dealing with a new company, new management, new industry, new everything!

    What's important is market cap, and work the SP backwards from there, with forward looking estimates provided by @Glyco and others regarding tech stocks, where the market now sees that, is very bullish.

    This is no longer a $25m company.

    My guess is we already have a +$100m company, at bare minimum, on what little we know right now.  If we get some good news, or milestone 1, double it.  Anything under that is a serious bargain, and I'll be grabbing all I can get my hands on.

    When milestone 2 is met, we're +$300m, and we're 25c SP.  For those that think this is ridiculous, and no doubt there will be plenty, the comparisons are everywhere, see CL1 for starters.

    DYOR
 
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