SRK 2.50% 3.9¢ strike resources limited

Ann: Voluntary Suspension, page-15

  1. 741 Posts.
    lightbulb Created with Sketch. 384
    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?
 
watchlist Created with Sketch. Add SRK (ASX) to my watchlist
(20min delay)
Last
3.9¢
Change
-0.001(2.50%)
Mkt cap ! $11.06M
Open High Low Value Volume
4.2¢ 4.2¢ 3.6¢ $34.52K 908.9K

Buyers (Bids)

No. Vol. Price($)
1 1567 3.9¢
 

Sellers (Offers)

Price($) Vol. No.
4.4¢ 12864 1
View Market Depth
Last trade - 14.53pm 29/05/2024 (20 minute delay) ?
Last
3.5¢
  Change
-0.001 ( 12.5 %)
Open High Low Volume
3.9¢ 4.0¢ 3.5¢ 344462
Last updated 14.42pm 29/05/2024 ?
SRK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.