SRM 0.00% 36.5¢ sierra mining limited

i see CLR is halt pending a bid. Probably the Chinese willing to...

  1. 12,380 Posts.
    lightbulb Created with Sketch. 3286
    i see CLR is halt pending a bid. Probably the Chinese willing to buy a massively discounted resource play on the cheap. I dont blame them. Most analysts and punters have walked from the sector and left it wide open for bids. The same company was trading in the dollars when the market was hot and it last traded at 18c with a more proved up asset. I think we shall see more of this as the resource sector remains completely oversold and unloved. This whole sector is like leaving your homes front door open and walking away. As i mentioned before, companies like SRM will go the same way if the market doesnt work this out.
 
watchlist Created with Sketch. Add SRM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.