So BEL are SRK's largest shareholder with a holding of 52,553,493 shares.
52,553,493 SRK shares at the current implied open price of 0.078 is $4.1m.
Upon recently receiving their KBC payout, net cash sits at $2.17m. Plus throw in $600k in YOW/other assets. Taking the total assets of BEL to $6.87m
BEL currently has 76,127,918 SOI. At the opening price of 5c, that's a cap of $3.8m.
So, you could quite comfortably make the case that BEL could have 100% upside from here based on the current holdings. This is not factoring in any future movement in the SRK holding which is looking as bullish as ever.
Market just might be asleep to this one for now. Wonder for how much longer?
So BEL are SRK's largest shareholder with a holding of...
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Last
2.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.751M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.0¢ | 40000 | 1 |
View Market Depth
| Last trade - 16.12pm 04/06/2024 (20 minute delay) ? |
| BEL (ASX) Chart |
Day chart unavailable