SRL 2.82% 36.5¢ sunrise energy metals limited

Hi Harpoonharry,I have quickly checked your maths and verified...

  1. 671 Posts.
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    Hi Harpoonharry,

    I have quickly checked your maths and verified your numbers and, it is correct, in short;

    Strait Asia Resources
    Issued Capital 1,092,836,000 shares
    SRL 51% holding 557,346,360 shares

    Exchange rate $0.85 AU$vs$SGD
    Share price in SGD $2.02
    Share price in AU $1.71
    Value of SRL holding $952,798,093

    Share price does make sense, maybe some other factors at play?
 
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