Hi M79
Surely if there was any hope in a JV with Sail, Our Management would be crazy to proceed with the Prospectus & The CR ??
There has been a great deal of water under this bridge & I've always been an eternal optomist, but a company with 5B shares on issue is one thing, a company with 12B on issue is in a LEAGUE of is own. I mean if your going to throw holders under a bus, then you may as well go the whole Hog & bite the bullet on a Consolidation. I have always been against Consolidations, as they destroy Shareholder wealth, but if they proceed with the CR then a Consolidation is inevitable in the future anyway. But a Consolidation - without the Company having a solid story to sell & us/ market actually believe it, will simply result in more pain for Holders !!
Great timing from the Indians, turn up, when we are all on our knees !! Apologies for the scepticism !! But they may have been all playing the long GAME, for a LONG time when it comes to ECT ?? Happy to be proven wrong !!
I have always believed as many have in the Company, the Management & the TECH. But this CR is just soul destroying,
Damned if you DO & Damned if you DON'T - Support it !!
What happens to the ELF loans next Year ?? Will they extend the facility ??
I believe in Miracles & Boy do we need one !!
God Bless
GLTAH
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Last
0.2¢ |
Change
-0.001(33.3%) |
Mkt cap ! $6.343M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $59 | 29.48K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
61 | 31026071 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 12757985 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
57 | 29886071 | 0.002 |
26 | 36036532 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 8857985 | 12 |
0.004 | 5910488 | 11 |
0.005 | 4225526 | 25 |
0.006 | 4988567 | 8 |
0.007 | 918333 | 2 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
ECT (ASX) Chart |
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STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
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