I think that if I was advising SRK this is what I would tell them:
1. Hold, just hold … but
2. If you really want some cash in the next 12 months, sell 10% and hold the rest … but
3. If you need more cash in 3 months - then sell another 10%, You may well get 50% more than the first tranche. Hold the rest.
4,5,6 Etc Rinse and repeat. You don’t sell a resource that you expect to double or triple.
Happy Mother’s Day (Australia) tomorrow.
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37.0¢ |
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 42185 | 37.0¢ |
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Price($) | Vol. | No. |
---|---|---|
38.0¢ | 10374 | 2 |
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3 | 42185 | 0.370 |
3 | 47739 | 0.365 |
2 | 105547 | 0.360 |
1 | 50000 | 0.355 |
4 | 14510 | 0.350 |
Price($) | Vol. | No. |
---|---|---|
0.380 | 10374 | 2 |
0.390 | 4780 | 1 |
0.395 | 331466 | 1 |
0.400 | 80520 | 3 |
0.410 | 5421 | 1 |
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