SRL 4.00% 30.0¢ sunrise energy metals limited

General data, page-1047

  1. 2,065 Posts.
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    Interesting times, I have not bought any more shares in quite a while but the stock is getting stupid cheap now.

    I can see on the long term 10 year SP chart shows SRL touching on Oversold on the Relative Strength Index (RSI). I can see long term chart also there is low support around this 40 cent mark(lowest low I saw was .37) - that is one safety net.

    The SP chart has only touched on that RSI level once before in 10 years and also the market cap is just highly undervalued on this at present, especially if you think they can pull a deal together.

    Even for worst case if they had to sell off the assets and their IP and progress they would get more than the current 42mil market cap.

    I took another bite here today at 45c for 7000 shares or 70,000 shares in the old money as that doesn’t tie up a lot of money and I think worst case that money is covered by any sell off and if they pull a deal together…well that would be awesome and they have 7 quarters of funding to find it.

    Let’s see what happens this year.
 
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Last
30.0¢
Change
-0.013(4.00%)
Mkt cap ! $27.06M
Open High Low Value Volume
31.0¢ 31.0¢ 30.0¢ $19.70K 65.45K

Buyers (Bids)

No. Vol. Price($)
1 12000 29.0¢
 

Sellers (Offers)

Price($) Vol. No.
30.5¢ 3707 2
View Market Depth
Last trade - 11.37am 11/11/2024 (20 minute delay) ?
SRL (ASX) Chart
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