SRL is a solid company, very cheap at these prices. Management is solid as well. I feel price drop due to demerger story and coal price as well.
Coal price is expected to rise by next week. I feel SRL will touch around $5 soon. Before demerger announced the price was around $7 and price fell after the annoucement. So if it is cancelled this should go up soon.
Just matter of time.
do the math, page-6
Add SRL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
42.0¢ |
Change
-0.005(1.18%) |
Mkt cap ! $37.89M | |||
| Open | High | Low | Value | Volume |
| 42.5¢ | 42.5¢ | 42.0¢ | $3.029K | 7.137K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1162 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 2300 | 2 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| SRL (ASX) Chart |