SRK 0.00% 3.5¢ strike resources limited

better arbitarge

  1. 33,675 Posts.
    lightbulb Created with Sketch. 1786
    OEQ holds 13,190,802 shares in SRK
    at going value of 90 cents for shares in SRK that OEQ has, makes OEQs shares worth $11.87 Million on its investment in SKR alone

    OEQ shares are currently trading at 56 cents
    There are 17,814,389 OEQ shares on issue
    17,814,389 * .56 = 10 million cap for OEQ

    OEQ has around aonther $6M million in value that it holds in the fund bentley has most of its money in cash
    SKRs Berau project will be needing around $20M in cash for CAPEX where will it get money for finance from I am guessing from bentley

    Also if one looks at a recent substantial shareholder notice that tends to reinforce that possibility
 
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