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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SRL
sunrise energy metals limited
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15.9%
!
$5.04

euroz broker report, page-4
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Last
$5.04 |
Change
0.690(15.9%) |
Mkt cap ! $593.9M |
Open | High | Low | Value | Volume |
$4.54 | $5.29 | $4.50 | $9.216M | 1.870M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3872 | $5.04 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.08 | 26756 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3872 | 5.040 |
1 | 3000 | 5.000 |
1 | 111 | 4.900 |
2 | 5200 | 4.800 |
1 | 200 | 4.750 |
Price($) | Vol. | No. |
---|---|---|
5.080 | 26756 | 1 |
5.090 | 8600 | 1 |
5.100 | 6021 | 3 |
5.130 | 800 | 1 |
5.140 | 5742 | 1 |
Last trade - 16.19pm 17/09/2025 (20 minute delay) ? |
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SRL (ASX) Chart |