SER 9.09% 1.0¢ strategic energy resources limited

what a headache

  1. 7,635 Posts.
    lightbulb Created with Sketch. 252
    Or call it a prodrome of a headache.
    This is only the demerger scheme.
    For simplicity,assume I hold 100k SER shares,what do I get after the demerger.
    1. 100k SER shares ( SER's SP will drop post demerger to around 2c)
    2. 20k shares in Tarcoola ( because SER will hold 20%)
    These shares will have no market & will have zero value untill the transfere scheme is implemented.
    3. No CGT for aquiring Tarcoola shares (but there will be CGT liability if & when they are sold as Mega shares)
    4. I can sell my SER shares post demerger to realize a capital loss & buy it again if I am keen on SER's other assets.
    5. A four letter word from my accountant.
 
watchlist Created with Sketch. Add SER (ASX) to my watchlist
(20min delay)
Last
1.0¢
Change
-0.001(9.09%)
Mkt cap ! $6.710M
Open High Low Value Volume
1.0¢ 1.0¢ 1.0¢ $39.37K 3.937M

Buyers (Bids)

No. Vol. Price($)
1 926046 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 1692526 5
View Market Depth
Last trade - 15.21pm 08/11/2024 (20 minute delay) ?
SER (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.