Chaps,
I have read and re-read (with Lee Lee present, altho her english is pretty poor) the report to the ASX speeding ticket, and my interp is as we all expected that there is a buyer in the wings for this baby..I would agree with the valuations of $4-5, however not sure $8 is realistic..
For punters whom still make an entry on monday (and i urge all to get in, and others top up) because
* the share at $2.38 is still hugely undervalued by the company itself(as quoted), the sp should never fall below this then providing a clear platform of support.
* the options that will be excised by the MD are between $2.65-$2.85 (variety of reports), we know he would want to make at least up to/more than double , hence $4.00 would be a possible minimum for them (as accurately reported by other posters)
* worst case scenario, no ann and the sp at $2.50 is way undervalued, by Broking houses (prices between $3.16-$4.28) at current day.
In all honesty and enough of the bullsh*t this is the best buy of the year to date, and even with worst case scenario's can only see significant upside.
My hunch is however that the ann may not happen til later this coming week, or timed with a change in the sentiment of the market to coincide with the directors trying to get more bang for their buck (options excised). Taking a position in SRK early this week is the definent way forward, any price up to $3.50 is still going to provide signifcant upside.
My 24hr vigil for Big Tony and Geezer will be now resumed...
Best Wishes and Luck to all, however on this one, dont feel luck will play one iota of a effect on the sp rocketing.
Regards
K.BRocko & Lee-Lee
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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($) | Vol. | No. |
---|---|---|
3.3¢ | 33132 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 26129 | 0.031 |
3 | 117701 | 0.030 |
1 | 128088 | 0.029 |
1 | 100000 | 0.028 |
2 | 130000 | 0.027 |
Price($) | Vol. | No. |
---|---|---|
0.033 | 33132 | 1 |
0.035 | 528769 | 2 |
0.040 | 502749 | 2 |
0.042 | 136007 | 1 |
0.044 | 20000 | 1 |
Last trade - 15.37pm 16/08/2024 (20 minute delay) ? |
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SRK (ASX) Chart |