They should have converted the 30c last month regardless... Even if they now sell at $0.60 SP (hope not), they would have double up on their investment in a month at a minimum.... Are they short of money...? Have they ever bought in the market at SRK in the past....?? By converting their options one wonders if that would have rocket up the SP a bit and that was an unwanted result....hmmm
I guess the sell of some LEL shares by SRK was forced to cash in as they were struggling big time with debt. Their sale of Paulsen is not too bad in the end of the day.
Anyway, 2 days, SOLD sign stamped into the vinyl swimming pool...
They should have converted the 30c last month regardless... Even...
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Last
46.0¢ |
Change
-0.020(4.17%) |
Mkt cap ! $51.52M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 47.0¢ | 46.0¢ | $23.19K | 49.82K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1828 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.5¢ | 1973 | 1 |
View Market Depth
| Last trade - 14.54pm 14/05/2024 (20 minute delay) ? |
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Last
46.5¢ |
Change
-0.020 ( 1.06 %) |
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| Open | High | Low | Volume | ||
| 47.0¢ | 47.0¢ | 46.5¢ | 8391 | ||
| Last updated 13.52pm 14/05/2024 ? | |||||
| LEL (ASX) Chart |