SRK 0.00% 3.5¢ strike resources limited

Ann: LEL:Presentation - Canaccord Genuity SW Connect ASX Showcase, page-23

  1. 976 Posts.
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    U have to give a huge discount on lel to calculate, I’d give 50% off the value for a non dividend penny share, it would be 17m/2=8,5m at latest lel price, which values SRK around 20m. Pretty fair for a current money loss business, which will be suffering till iron ore rebounds and CR is on the card.
 
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