Strategic review, the classic...we don't know what we are doing right now, leave it with us and we will get back to you.
Some guess work from me here.....I would not be surprised if one or more of the following happens.....but I have not a clue as to the order of these potential things, that's the fun part.....I shouldn't say fun, I should say scary.....
- Sale for $10m of Taronga to a bunny, then blow most of that chasing coal and paying down debt.
- Share Consolidation
- Change of CEO
- One position change on the non-Executive Board or Chairman's position.
- Liquidation
- Name change
- Complete take over for sub $12M for all assets with LIND vending in their debt to the M&A deal or outcome
- All of the above eventually
Somewhere a resource company like ANW gets it together, but that won't help current SH's with value near or mid term, only the board who pick up free shares for no work or completion of any worthy KPI's. Absolute disgrace, the Board and management are an embarrassment.
I hope the assets of the company find their way into capable hands one day.
Cheers BJ
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Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $2.201M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.1¢ | $19.08K | 1.714M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1231933 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 552612 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1231933 | 0.010 |
5 | 1083445 | 0.009 |
2 | 182500 | 0.008 |
4 | 1500000 | 0.007 |
2 | 550000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 552612 | 2 |
0.013 | 552254 | 2 |
0.014 | 410707 | 1 |
0.015 | 50000 | 1 |
0.016 | 235000 | 2 |
Last trade - 11.49am 23/08/2024 (20 minute delay) ? |
C7A (ASX) Chart |
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STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
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