SRA 0.00% 0.1¢ strathfield group limited

I don't have any extra knowledge...whatever the company is doing...

  1. 122 Posts.
    I don't have any extra knowledge...
    whatever the company is doing or not, the stores are still there.

    When it lists it can go down , it can go up...
    I have no idea on company profitability.
    It is now a company of approx 3bil shares.
    Every 1c is $30mil mkt cap.
    Before the merger it was about <500mil shares.
    and every 1c was around <$5mil mkt cap.

    When it was trading around 3-6c it was valuing it at $xx Mil. (simple maths)

    3c today puts it at what? $100mil?..
    Do you think its worth that ?
    Then keep the stock and sell it on market when/if it lists.

    As I mentioned its a gamble stock for me...so I am taking the punt on it listing and going up.

    It may list and go down.
    It may not list.
    It may list and go up.
    It may list and not move.

    Some members mentioned they are keen on selling as soon as they had chance too..Thats why I offered now.
    Because its almost like a punt, ...its price needs to be right to make it worth the punt.

    Simple, no tricks here.
    I buy some stocks for short term gains, some for long term holds and some to take a gamble...isn't that similar to what we all do in our own ways?

    If it goes down..I'll just wish I never had them.
    And you will wish you sold, and I'll be glad I never bought more.





 
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Currently unlisted public company.

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