SER 5.00% 2.1¢ strategic energy resources limited

Ann: Half-year Financial Report - 31 December 2014, page-8

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  1. 5,560 Posts.
    lightbulb Created with Sketch. 253
    Conejo - by fully stretched I mean my share load account has drawn all it can - contrary to a lot wisdom on HC, for many years I have borrowed $$$$$ - quite a lot actually - to invest in shares

    the interest rate is pretty cheap when compared to the 18% mortgage rates 30 years ago

    I see no issue with borrowing $50k to buy ser - nowadays it will buy you less than 1m shares though - 16 months ago it would buy you 3m shares
    kicking myself why I did not buy more when 1.8c

    next 2 months are going to be very good for SER holders

    alas no red wine today
 
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