SER 0.00% 2.1¢ strategic energy resources limited

up 22pcnt yesterday more to come, page-14

  1. 7,635 Posts.
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    sunman,
    We are all in the same boat.
    I do agree that we have been kept in the dark,but I believe that the reason is that our crew don't have a crystal clear picture either ( at least not yet )
    The "deal" will most definitely be modified to reflect market conditions & the time factor.
    I don't subscribe to the conspiracy theory that some sort of an agreement has been signed (this will be a major breach of continuous disclosure rules).
    I also believe the 2 teams are working like mad to reach a simpler & quicker agreement .
    Letting Mega gradually increase its stake in Uley for cash & hard work seems to be the most logical way forward.
    All this activity in Uley is a sign of good will on the part of Mega ( among the preconditions of the deal are SER's SH approval & Mega's IPO or merger,none of which has been satisfied)
    It is just too damn complicated & it should be made less so.
    Regards.
 
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