The AGM is 1030 tomorrow.
One possible explanation is that the syndicate who are poised to sign the debt finance to VXL are buying up SER, in anticipation of a decent upswing once VXL get moving.
The debt finance is holding VXL back.
Another possible explanation is due to Ionic Industries - Dr M is presenting at the Lorne Graphene conference from Oct 25-29.
Dr M is detailed as an Ionic Industries director.
This is a significant Graphene conference and likely to be the biggest seen in AU for a while.
Thirdly, KSN may have found something that is pending assay - the real time drilling results could be relevant
All of these should have a positive impact on SER.
But there is nothing that SER are doing by themselves that sticks out as the reason for the sp moving up - and of course the Director would not be allowed to trade if there was a "Material Announcement" pending.
See what the AGM delivers tomorrow.
Ann: Change of Director's Interest Notice, page-13
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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¢ | $3.08K | 319.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 4558908 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 1897465 | 6 |
View Market Depth
| Last trade - 14.20pm 15/11/2024 (20 minute delay) ? |
| SER (ASX) Chart |