STA 0.00% 9.5¢ strandline resources limited

Come on HK, might as well kill the suspense and tell us, no harm...

  1. 2ic
    5,824 Posts.
    lightbulb Created with Sketch. 4819
    Come on HK, might as well kill the suspense and tell us, no harm done.

    I thought more than 11c because that was the last raise and the Coburn DFS was a winner, all selling dried up so it seems only reasonable to pitch this CR higher. Lack of liquidity for those wanting on-board means the current price is lower than it would be in a deeper market, where buying is worthwhile without moving the price too much. Got to be 12c at least, but I'm going out on a limb and saying 13c, which is fair to those that want a position and couldn't possibly build on market, fair regards the companies risk discounted valuation and fair to shareholders who bought or held on before prior. Don't think it will trade below 13c or whatever the CR price is unless trade war market turns to sh!t.

    Good luck
 
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