SRK strike resources limited
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d & c counter offer by 2/10

  1. J.W.Pepper
    6,175 Posts.
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    25/09/12
    13:50
    Post #: 10767873
    new to this one but having a read over the 6/8 announcement looks as if SRK are in the drivers seat with this deal. D & C have to make a counter offer by 2/10 if they do they have to pay out SRK loan to AF of approx. $33.8mill., if they dont make a counter offer SRK buys the remaining 50% in AF for $3.2mill.
    Alright guys whats the down side?
    SRK Price at posting: 10.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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2.9¢ 		Change
0.000(0.00%) 		Mkt cap ! $8.228M
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Price($) Vol. No.
3.2¢ 25903 1
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