SRN
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14.3% 0.6¢ surefire resources nl

SRNOC change of conversion terms, page-14

  1. itelectrical
    1,230 Posts.
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    08/12/20
    10:39
    Post #: 49414579
    SRNOC arbitage opportunity wide open...
    Company has indicated it will now exercise options weekly and they are in the money.

    SRNOC is 0.033 + 0.006 exercise = 0.039
    SRN is 0.049 so discount is 0.010

    This gap eventually will close. Easy money to be made.
    I think the market will wake up as soon as the next Appendix 2A's come out which could be any day now.
    SRN Price at posting: 4.9¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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