I believe management said last year at the agm a deal will be done at a much higher price then what the share price was at the time.
I think the sp was around 40 cent then? Management will not do a deal for the sake of it. The longer it takes the better resource prices seem to be heading (up trend). When a deal is announced the sp will get rerated very quickly. 1q of 2020 we will see some massive movement in my opinion.
I believe management said last year at the agm a deal will be...
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Last
39.0¢ |
Change
-0.015(3.70%) |
Mkt cap ! $35.18M | |||
| Open | High | Low | Value | Volume |
| 40.5¢ | 40.8¢ | 38.5¢ | $5.322K | 13.57K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9671 | 38.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 1331 | 1 |
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| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| SRL (ASX) Chart |