SRX 3.70% 13.0¢ sierra rutile holdings limited

Ann: Takeover bid by PRM Services LLC, page-10

  1. 7 Posts.
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    Cash + finished goods inventory alone were worth around 10c per share. If the buyers succeed at this price, they can effectively liquidate the inventory, pay themselves back the whole purchase price in cash and get the rest of the company for free. Very opportunistic, but at least it puts a floor on the SP. My money is that this ultimately gets sold around the 15-20c level.
 
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Last
13.0¢
Change
-0.005(3.70%)
Mkt cap ! $55.17M
Open High Low Value Volume
13.5¢ 14.0¢ 13.0¢ $29.67K 219.7K

Buyers (Bids)

No. Vol. Price($)
3 403968 13.0¢
 

Sellers (Offers)

Price($) Vol. No.
13.5¢ 155829 2
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Last trade - 16.10pm 14/06/2024 (20 minute delay) ?
Last
13.0¢
  Change
-0.005 ( 1.89 %)
Open High Low Volume
13.5¢ 13.5¢ 13.0¢ 167497
Last updated 15.58pm 14/06/2024 ?
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