A fair point, but surely there is an asset in SARL (albeit of fluctuating vlaue with share price), event if you take a $1 SRL off for underporforming austrlian mines, SRL is worth more than 80c...
CCY put out a very bullish statement at their AGM, and I can't see why SRL shouldn't feel the same about there Thermal Coal assets.
I think your right to be cautious Blythefan, but do you think SRL is oversold to some degree, assuming recent broker valuation is fair?
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SRL
sunrise energy metals limited
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9.33%
!
$1.22

euroz broker report, page-4
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Last
$1.22 |
Change
-0.125(9.33%) |
Mkt cap ! $141.2M |
Open | High | Low | Value | Volume |
$1.32 | $1.32 | $1.21 | $207.4K | 165.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 841 | $1.22 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.23 | 2855 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 628 | 1.215 |
2 | 1318 | 1.210 |
2 | 9250 | 1.205 |
4 | 4705 | 1.200 |
1 | 1150 | 1.195 |
Price($) | Vol. | No. |
---|---|---|
1.230 | 1536 | 2 |
1.235 | 14717 | 2 |
1.240 | 15300 | 3 |
1.245 | 984 | 2 |
1.250 | 2407 | 2 |
Last trade - 15.38pm 23/07/2025 (20 minute delay) ? |
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SRL (ASX) Chart |