I think you said in the event of a takeover, likely no real premium coz SRL in too weak a bargaining position. My view is that a host of large players would pay twice, even three times the current market cap in a heartbeat (EV of $155m at 3x). Over $200m invested to get to this stage. This is precisely the sort of tier 1 asset large players interested in, given op cost profile, long life asset, low political risk. Whatever the noise, the sentiment, and the manipulation, value comes out eventually. In my view the lower the mkt cap gets the more likely that will precipitate corporate activity. Large management ownership.They won’t let this get diluted by a forced cap raise at v low levels like this. They’ll get an equity deal done at a much higher valuation. If you dont believe in the value, sell. If like me you can see this quite easily and quickly at 3x the current SP, then stop looking a daily prices and wait.
- Forums
- ASX - By Stock
- SRL
- Who is happy with management
Who is happy with management, page-23
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SRL (ASX) to my watchlist
|
|||||
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($) | Vol. | No. |
---|---|---|
46.0¢ | 4477 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2352 | 0.425 |
1 | 8656 | 0.420 |
1 | 75039 | 0.410 |
2 | 59905 | 0.400 |
1 | 6370 | 0.385 |
Price($) | Vol. | No. |
---|---|---|
0.460 | 4477 | 1 |
0.480 | 4700 | 1 |
0.490 | 32000 | 1 |
0.500 | 5594 | 1 |
0.520 | 25000 | 1 |
Last trade - 15.59pm 16/08/2024 (20 minute delay) ? |
Featured News
SRL (ASX) Chart |