SER strategic energy resources limited

Ann: SER Business Review 2011 , page-41

  1. 19,589 Posts.
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    sunman, what's with this aggressive attitude? Your just grasping at things to nit pick and quite frankly demonstrating a real lack of knowledge/experience in the process.

    Ask any investor with a hint of experience and they would describe a register with no holdings over 10% as extremely open i.e. no large blocks of shares that could carry a vote not in the interests of all SH's.

    If a vote is contentious there is a good chance the larger holders would be split either side and a group of smaller holders with an amalgamated 10% could easily decide a 50/50 vote.

    Best recent example would be the Independents in the last Federal election.

    The point with SER's open register is that it will need to be good decision for a majority to get up as there are no large blocks that might have the self interest to carry a bad decision for the minor SH's.

    Do you get it now? SER has a very OPEN register and your numbers kindly demonstrate that for me.
 
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