SRT 5.56% 19.0¢ strata investment holdings plc

Next step in my journey, page-24

  1. 5,940 Posts.
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    @TheArchitect

    I think it was like a train which was waiting at the station rather than a marathon runner. The doors was closed during the suspension and now the train is leaving the station. I mean, I don't think we would start trading at the price where we left.

    If anyone wants to buy they will have to pay a premium to the closing price of before suspension as it is derisked substantially now.

    I also don't think anyone would be expecting IAM would open at 20c straight away. However at least 4c value would be fair at the opening IMO.

    Before the suspension many traders and investors sold out because of waiting risks. The waiting risks could be;

    1) Substantial negativity in general markets could happen, e.g stock market collapse,etc.
    2) SRT/Intiger RTO (reverse take over) agreement might cancelled by the parties or might not be allowed by ASIC or ASX.
    3) The traders and investors might be able to find better opportunities during the suspension and make good profits without those risks.
    4) etc. etc.

    So, those traders and investors who sold out before the suspension are welcome to buy back in.

    smiley-taking-a-bow.png

    But they should have to pay more if they want to buy in again. They already knew that they would pay a premium for clearing those risks. Now it's the time and opportunity for them, if they can catch the train...

    catch_train.gif
 
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Last
19.0¢
Change
0.010(5.56%)
Mkt cap ! $32.19M
Open High Low Value Volume
18.0¢ 19.0¢ 18.0¢ $10.89K 57.95K

Buyers (Bids)

No. Vol. Price($)
2 25800 18.0¢
 

Sellers (Offers)

Price($) Vol. No.
20.0¢ 18475 1
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Last trade - 14.37pm 12/07/2024 (20 minute delay) ?
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