Thanks to Rob for catching this one released by Octa Philip Financial Group only last Thursday October 11, buy recommendation on Stellar Resources (SRZ) 19.48% owned by GIP.
http://www.stellarresources.com.au/images/ASX_Announcements/2012/20121005-octa-phillip.pdf
" Tin is one of the few commodities that Octa Phillip expects significantly higher USD prices in the future. SRZ is well below our base case valuation. While there are significant risks in our valuation, nearly all combinations give a valuation well in excess of the current share price. We initiate research with a Buy recommendation."
19.48% srz holding undervalued
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.204M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2192034 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 5877366 | 13 |
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| Last trade - 16.12pm 20/08/2024 (20 minute delay) ? |
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