Serabi Share Price (SRB)

Correction 67 to 62 = approx 7.5%

Bought half the slice of 28th March back today for 62p

68 to 62 = approx 8.5% in a couple of days short of one month.

Had spare funds on acc looking for somewhere .

It's easy to see gold falling and think this SP might follow but you need to give yourself a slap in the face if like me, that happens. After the recent fall POG is still $2330, at ~10000 ounces per quarter that is around $8.5m ebitda, more than 1/7th of the mcap every 3 months.

For a company that's debt free with long mine life and low cost options to grow substantially in size it's unbelievably cheap. Staggeringly cheap.

This is far too cheap,I cannot see this being this s.p. for long,company has huge cash pile ,which is growing daily,and production levels about to be improved considerably,market just needs time to realise the truth here. I would think 150p is realistic for this year.

You cant instantly arbitrage with stocks on unconnected markets. SRB lists on three. Although prices differences may exists, base on spot FOREX, no arbitrage opportunity exists. Buying equity at different value does.