SRX 0.00% 17.5¢ sierra rutile holdings limited

a massive sell off, page-68

  1. 35,429 Posts.
    lightbulb Created with Sketch. 916
    It is the reverse of the old British Paints ad that Rolf Harris used to spruik,
    Trust Aussie Science, Sure Can't.

    Anyway, despite the negative sentiment and the obvious issues with management, the mid $20s should be FV when the market calms down from the obvious lack of faith in the Company following its most recent experience. FV of the secondary treatment alone is about $28 but is that "dodgy" too? The concerns about governance are now worth about $10 or roughly $0.5 billion to the share price.
 
watchlist Created with Sketch. Add SRX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.