SER 11.1% 1.0¢ strategic energy resources limited

Apologies in advance for the rant but the pattern here going...

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  1. 10,075 Posts.
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    Apologies in advance for the rant but the pattern here going back to 2012 is that the company is just on the brink of something that could bring in some $$ but need another 12 months and cash. For years they got research funding but when that ran out they turned to shareholders and we have been funding their efforts ever since. They have a few patents and that's about all to show for 5 years of research and development. Now they are signalling that they will need cash again from us (because they can't find an investor). I'm selling out, I bought in low so the trade will only cost me the brokerage and that is a much smaller loss than another CR in a few months that won't move the SP. These guys are not going to commercialise anything in my opinion. Good luck to those more patient and optimistic than me and who are prepared to throw more cash at them. Note my new sentiment.
 
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Last
1.0¢
Change
0.001(11.1%)
Mkt cap ! $6.710M
Open High Low Value Volume
1.0¢ 1.0¢ 0.9¢ $14.33K 1.496M

Buyers (Bids)

No. Vol. Price($)
22 4813445 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 1197470 4
View Market Depth
Last trade - 15.11pm 13/11/2024 (20 minute delay) ?
SER (ASX) Chart
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