SRF 0.00% 6.8¢ surfstitch group limited

Someone is building a stake, page-83

  1. 14 Posts.
    A lot of cash was reported on the last financial report. Looks like an attractive valuation at this price, although the story is starting to look like the announcements are to slowly release bad info. But the timing of all of this its looking bad, the $2 capital raising was not long ago, and also the removal from escrow when the shares were trading higher. Maybe this is what the CEO was waiting for, so PE can make the bid from a lower price.
 
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Currently unlisted public company.

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