Australia's largest stock trading and investment forum Australia's #1 stock forum

SRT

Click for more information

0.00%

16.0¢ strata investment holdings plc

Ann: Rule Symposium Presentation, page-13

First 13 Last

Share
Profile

Follow
BrassTacks1

1,538 Posts.

767

03/08/23

01:47

Post #: 69125918
Share

Originally posted by BrassTacks1: ↑

Understand Keith.

On AIM MTR had to get advance approval from the NOMAD for trading so any real time trading was a no no. SRT trading stategy allows for real time trading.

Strata's new complimentary investing strategy including RTOs, potential acquisition of complimentary businesses (natural resource brokers, fund manager businesses, credit funds) would not be possible on AIM.

Strata can now look at financial products, hedging derivatives (not possible on AIM) and an increased borrowing and leverage poilcy.

The board see MTR as a natural resource investment company as being detrimentally restricted by the rules surrounding investment co's on AIM, hence the attempt to get a Special Fund Segment status on the London main market, but this was rejected at the last hurdle.

All in all I get the reasons for the move to ASX but like you haven't seen any evidence of results as yet, but that that can and I'm sure will change in time.

Expand

Let the royalties begin:

SRT Price at posting: 18.0¢ Sentiment: Hold Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

88E

HotCopper users smell capital raising as 88 Energy says "significant update" at Phoenix

HVN

Harvey Norman clocks subdued gains as Echo Law's junk warranty class action kicks off

PAR

FDA hands Paradigm Biopharma guidance to re-jig phase 3 osteo trial – or is it a delay?

ASX Market Open: Australian bourse to fall as subdued Wall Street awaits rate cut decision | September 18, 2024

CXU

Cauldron discovers shallow uranium up to 2km at WA's Yanrey

There are more pages in this discussion • 2 more messages in this thread...

First 13 Last

Add SRT (ASX) to my watchlist