I absolutely agree. SRL is strangely being overlooked at the moment.
Copper will go through the roof. Just look at ABY, they are going to recommission Mount Gordon and Nifty - reckon their SP will rise today.
When the second traunch comes in from PTT, the company will have $300 MIL in the bank. Paterson and others have been talking about acquisition of copper assets (in Asia) for some time now.
This stock has the capacity to really break out due partly to the fact that it is "dirt cheap" - plenty of cash and no debt.
All it need to do is to increase the quality and quantity of it's assets.
The dividend paid out last year was a pleasant shocker. It was about 30% of my original investment in the stock (I bought it cheap). I am looking forward to more dividend. Although, I am equally happy if they re-invest the money on acqusitions instead !
I absolutely agree. SRL is strangely being overlooked at the...
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Last
33.0¢ |
Change
0.010(3.13%) |
Mkt cap ! $29.77M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.5¢ | 32.5¢ | $72.84K | 214.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9387 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 3073 | 1 |
View Market Depth
| Last trade - 15.52pm 28/06/2024 (20 minute delay) ? |
| SRL (ASX) Chart |