I still can't get the rationale behind the tie-up between CZR and SRK iron assets. I don't think the trading halts are related. If they are related:
Why was CZR only halted today, 3 days after SRK if it is the same transaction?
Why would SRK assets need to be part of this transaction for a bigger player anyway? The CZR assets are the bigger prize in Australia. Peru has been a pipe-dream for 15 years.
SRK needs at least $11m to pay off its debt, more for working capital. How would vending assets and presumably getting shares solve this?
Ann: Voluntary Suspension, page-15
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Last
4.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.05M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 177736 | 4.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.1¢ | 160732 | 1 |
View Market Depth
| Last trade - 15.16pm 14/05/2024 (20 minute delay) ? |
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Last
4.7¢ |
Change
0.000 ( 2.17 %) |
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| Open | High | Low | Volume | ||
| 4.7¢ | 4.7¢ | 4.7¢ | 15000 | ||
| Last updated 11.53am 14/05/2024 ? | |||||
| SRK (ASX) Chart |
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