SRA strathfield group limited

crazy johns interest in sra

  1. 20 Posts.
    Nice update previously on the stores shambolic layout.

    At $17m market cap this thing is now interesting. Any chance of Crazy Johns buying them out and giving themselves an extra 100 stores instantly?

    Current franchise model is a disaster.

    Andrew Kelly debt will never be recovered and the Board are gonig to write off his 25m shares to cover the $5m he owes. Pity the 25m shares are only worth approx $600,000.

    Kelly is now a spiv spruiking some fuel enhancing product for cars.


 
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