only just started to rise after 4 years of bad markets with these results and the new management team. A lot of scheme doco's suggest deals are not fair but reasonable, wont stop this hitting multiple times the cap over time imo. They said that when the stock was 26c and its now 40c. RTG in Canada is now 13c or 39c equivalent. RTG is simply moving with the SRM price as it should. I think the stock should be capped at $250m plus and this merger should see it there by years end imo. I think the merger has allowed some people to focus on the assets and the management team, its really starting to pay off. This is effectively becoming derisked and set for success now. The merger is due to be completed this month. please dyor.
SRM Price at posting:
39.5¢ Sentiment: ST Buy Disclosure: Held