SRK 2.78% 3.5¢ strike resources limited

SRK holding in LEL

  1. 6,296 Posts.
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    Market Missed this ????

    SRK has $48.1m in LEL shares - 34.4m shares at $1.40


    SRK MC is $27m - seems CrZy


    SRK also had $3.8m Cash EOQ

    + also shipped 68kt worth of Ore worth Approx $9m AUD


    Note - They’ve drawn down $7m on Loan but still SRK cap seems ridiculously low



    https://hotcopper.com.au/data/attachments/4679/4679175-798e831309e562306ac8cb9977603d10.jpg
    https://hotcopper.com.au/data/attachments/4679/4679178-2d3da08cc3fe79c2ce25f154cf36f2e4.jpg
 
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