At the current iron ore prices, yes there is certainly some value there.
I am just disappointed in my investment so far in SRN. A few issues with management and some good, not great results have meant I am in the red where most of my other stocks I bought into at a similar time are well in the green.
I think my money will be better off in other investments.
As you said, MGT, for example, I am up over 600%. The resource size of MGT dwarfs SRN, they have backing from SA Government and management to date has been extremely professional. .
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0.7¢ |
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Mkt cap ! $13.90M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
29 | 17681814 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 3378234 | 4 |
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No. | Vol. | Price($) |
---|---|---|
27 | 14681814 | 0.006 |
9 | 3978833 | 0.005 |
8 | 3480013 | 0.004 |
4 | 4280000 | 0.003 |
5 | 1640000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 3378234 | 4 |
0.008 | 8103068 | 7 |
0.009 | 1450965 | 4 |
0.010 | 5709325 | 16 |
0.011 | 4327818 | 6 |
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