SRH 0.00% 5.0¢ saferoads holdings limited

Ann: Half Yearly Report and Accounts, page-4

  1. 429 Posts.
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    Well, there’s a “differential” in strategy…to grow Road Safety Rentals in three states.

    But you’re right that several past turn-around initiatives haven’t worked out. We got 20 patents (which cost money to get) in various US states, and have generated one significant sale so far as I can tell. Pre-Covid Darren used to jet about a bit internationally networking…he doesn’t seem to do that anymore. We seem to have given up on US sales.

    It seems to be “all in” on Road Safety Rentals now. The good news is that it does seem to be growing and establishing a foothold in NSW and QLD. That’s gonna have to work out, because the market is valuing us at below $3 million now. We’re gonna be worth more than that if we survive as a going concern. But things do need to turn around in the near term, or we might instead become concerned about our going.
 
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