SRL 2.56% 40.0¢ sunrise energy metals limited

Ann: Corporate Restructure Review, page-63

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  1. 1,387 Posts.
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    My only concern with consolidation is I think 10:1 should be a half that or less.. If it was consolidated today, you would have a company with a market cap of $250 million trading at $3.20 a share. Doesn't seem right to me and might give a perception of poor value. Check out the market caps V. share prices of some gold miners. I hope someone suggests changing it.

    ASX:EVN
    Evolution Mining9.6B5.90+4.98%
    4.ASX:SARSaracen Mineral Holdings5.66B5.22+2.15%
    5.ASX:RRLRegis Resources2.68B5.32+1.33%
    6.ASX:SBMSt Barbara Limited2.27B3.34+3.73%
    7.ASX:SLRSilver Lake Resources1.98B2.29+1.78%
    8.ASX:RMSRamelius Resources1.86B2.36+2.61%
    9.ASXEGDe Grey Mining1.72B1.405-2.09%


 
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