these exerts from the report tell the story. Offer undervalues SRX by 3x based on working capital alone and by 5x based on net asset value.
management also mentioned natural rutile market improving as customers destocked in 2023 and need to restock this year.
may take a few months but as soon as the market improves this thing should at least double in price. SRX closing the mining operations should cause the price to lift on its own![]()
- Forums
- ASX - By Stock
- SRX
- Ann: Take No Action on Inadequate Offer
Ann: Take No Action on Inadequate Offer, page-2
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SRX (ASX) to my watchlist
|
|||||
Last
17.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $74.27M |
Open | High | Low | Value | Volume |
17.5¢ | 17.5¢ | 17.5¢ | $9.078K | 51.87K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1319555 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 1674713 | 37 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1319555 | 0.175 |
6 | 2608822 | 0.170 |
1 | 18186 | 0.165 |
1 | 11500 | 0.135 |
1 | 2577 | 0.097 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 1674713 | 37 |
0.185 | 41727 | 4 |
0.190 | 228822 | 9 |
0.195 | 20478 | 2 |
0.200 | 427416 | 7 |
Last trade - 15.09pm 27/08/2024 (20 minute delay) ? |
Featured News
SRX (ASX) Chart |
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online