SRK strike resources limited

Nice annual report. It shows SRK has diversified means of...

  1. 117 Posts.
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    Nice annual report. It shows SRK has diversified means of income, and although not in production is primed at the ready for when conditions are right. Despite having 7 mil of debt their holding in LEL more than offsets this, which brings me to the conclusion they are good buying at current prices. To give an idea with a market cap of $100 mil which is where they likely should be equates to a SP of 37 cents. The three riggers I suspect will be just a matter of time being specifically 1) iron ore price, 2) LEL growth, and diesel price reduction. All the team needs to do from here is to continue low cost study / other work to optimise the business.
 
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(20min delay)
Last
3.5¢
Change
0.001(2.94%)
Mkt cap ! $9.931M
Open High Low Value Volume
3.5¢ 3.5¢ 3.5¢ $53 1.5K

Buyers (Bids)

No. Vol. Price($)
1 18000 3.4¢
 

Sellers (Offers)

Price($) Vol. No.
3.5¢ 630118 2
View Market Depth
Last trade - 15.24pm 28/07/2025 (20 minute delay) ?
SRK (ASX) Chart
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