SRK 0.00% 3.5¢ strike resources limited

"Guys, a question I've been meaning to ask the directors but...

  1. 9,188 Posts.
    "
    Guys, a question I've been meaning to ask the directors but haven't been able to catch them with is.. If the sale of the assets goes through, and the deal is not a full take-over or buyout of shares, then how do we, as shareholders, receive the benefit of the USD$450m?
    "

    I suspose you continue to own shares in a company underwriten by $450mn+ in cash.


    Co wont trade below cash backing. So SP will reflect the sale none the less.



    Mind you, mgnt could easily give back the money via a special dividend
 
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Buyers (Bids)

No. Vol. Price($)
1 60000 3.5¢
 

Sellers (Offers)

Price($) Vol. No.
3.6¢ 60000 1
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Last trade - 16.12pm 23/07/2024 (20 minute delay) ?
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