The company needs an injection of capital within 6mths to remain a going concern. I see this playing out in one of two ways:
- Sam starts releasing news to the market and fronting interviews again, then Bob steps in to buy a few million dollars worth of shares on market (same as he did in 2020), then BAM cap raise.
- Bob and JZ wait for the share price to completely tank, then they take the company private.
The best outcome for shareholders will be if Bob sweet talks his Saudi friends into throwing Sunrise a metals exploration project in Saudi Arabia.
Ann: Appendix 4D - Half Year Report, page-7
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Last
46.0¢ |
Change
-0.010(2.13%) |
Mkt cap ! $41.50M | |||
| Open | High | Low | Value | Volume |
| 47.0¢ | 47.0¢ | 46.0¢ | $7.432K | 15.84K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1951 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.5¢ | 7032 | 3 |
View Market Depth
| Last trade - 12.24pm 05/06/2024 (20 minute delay) ? |
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Last
47.0¢ |
Change
-0.010 ( 2.06 %) |
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| Open | High | Low | Volume | ||
| 47.0¢ | 47.5¢ | 46.0¢ | 1912 | ||
| Last updated 12.40pm 05/06/2024 ? | |||||
| SRL (ASX) Chart |