This stock was one of my first buys in mid 03. I planned a short term hold, missed my sell point and then watched it freefall. This was before I had read about capital management. I was (and in some ways still am) a true believer in the product, and was sad to discover (once well into the red) the details of the massive escrow share stock. I still hold now as a daily reminder to myself to thoroughly research and manage a trade.
I can't understand why their sales figures have been so slow to grow, especially with carbon credit status on their industrial units. If all the escrow shares are indeed released later this year, the SP will get slammed into the ground I suspect. Sales management just haven't performed at all.
Curious point to note is that about the only buyer in recent times has been MD Philip Sydney. Is a takeover a possibility in the near term?
- Forums
- ASX - By Stock
- QTM
- a sad tale
a sad tale
Add QTM (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online