SRX 1.43% 17.8¢ sierra rutile holdings limited

New CEO, page-21

  1. 2,297 Posts.
    $100 mil cash
    $500 mil EV
    $50 mil NPAT

    Give it 0% growth, 0% new products, 0% debt. Just a $500 mil EV making $50 million profit and tell me the downside?

    "Will outperform market returns" Well yeah if the P/E of 10 beats the usual 19, I think alot of people see $20 as a price target.

    I don't know how about $30 but try and figure a down side, new higher low of $11.67 today, it's been fun to watch, and would like to see this close over $12.
 
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