SRQ 0.00% 4.0¢ straits resources limited.

Jonchriste, I note a buy for 20 million shares. If that is your...

  1. 12,079 Posts.
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    Jonchriste, I note a buy for 20 million shares. If that is your buy then you will be extremely lucky to get them at .005. Ive been buying for months and managed to accumulate 13.5 million. Now I will sit on them for a few years and see what happens. In a year or two SRQ could be worth 10 cents/share, I believe that is fair value. It will be a nice little addition to the SMSF. I think the worst is over and with the copper price increasing SRQ will do OK. If the Cu price goes back to US$4.50/lb SRQ will be a 20c/share company.
    I agree its good that they ditched MT Munro, it was costing a fortune and is what caused the value destruction over the past few years.
 
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Currently unlisted public company.

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