A fair point, but surely there is an asset in SARL (albeit of fluctuating vlaue with share price), event if you take a $1 SRL off for underporforming austrlian mines, SRL is worth more than 80c...
CCY put out a very bullish statement at their AGM, and I can't see why SRL shouldn't feel the same about there Thermal Coal assets.
I think your right to be cautious Blythefan, but do you think SRL is oversold to some degree, assuming recent broker valuation is fair?
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Last
$1.42 |
Change
-0.015(1.05%) |
Mkt cap ! $166.0M | |||
| Open | High | Low | Value | Volume |
| $1.43 | $1.43 | $1.41 | $15.67K | 11.11K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 355 | $1.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.42 | 1200 | 1 |
View Market Depth
| Last trade - 10.08am 18/07/2025 (20 minute delay) ? |
| SRL (ASX) Chart |