Hmm probably a stretch to say doing nothing, as Im sure they have been trying to hard to make this work, but no doubt there were higher quality businesses that could have been vended in ages ago with much less pain. That's the problem with related party deals. Easy to get married to them and get blindsided until it's too late.
The suspension could be a blessing for EOR if it forces them to do a simpler and better transaction without the issues Wailawi presented.
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- Ann: Appendix 4D and Half Year Accounts
Ann: Appendix 4D and Half Year Accounts, page-18
Add EOR (ASX) to my watchlist
Currently unlisted public company.
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SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
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