SRL has to be one of the most undervalued stocks on the market. Back out the value for 60% straits Asia (listed) and you are paying A$50m for copper et al. Management is good and honest, commodity exposure is favourable with copper and steaming coal. Lastly the stock is producing and has a fundamental cash stream to support a valuation of around A$5.80/share. Not like some other stocks where punters are buying a promise with not much to back it up (PNA)
ridiculously cheap
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Last
45.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.60M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 46.0¢ | 44.5¢ | $1.641K | 3.594K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2352 | 42.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.0¢ | 4477 | 1 |
View Market Depth
| Last trade - 15.59pm 16/08/2024 (20 minute delay) ? |
| SRL (ASX) Chart |