SRK 0.00% 3.6¢ strike resources limited

here is a copy of the Paterson's report for all those...

  1. 13 Posts.
    here is a copy of the Paterson's report for all those interested.
    Subject: SRK (Strike Resources Ltd) -


    SRK has provided an update on the potential sale of its Peruvian iron ore assets. Based on today’s release and discussion with management the transaction values the company at around $3.63/share after-tax. Tax implications remains the largest unknown, however our approach is conservative.

    Retain a BUY with a price target of $4.49/share based on DCF valuation.

    Note that the pre-tax valuation of the transaction (i.e. speculated purchase consideration) is $4.19/share which is roughly in line with price target.

    I will have a note to follow shortly.


 
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Mkt cap ! $10.21M
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Buyers (Bids)

No. Vol. Price($)
1 30000 3.4¢
 

Sellers (Offers)

Price($) Vol. No.
3.6¢ 59502 1
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Last trade - 16.12pm 25/07/2024 (20 minute delay) ?
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