Fair call. I'd ask Keven to consider toning down the king of the world c#@p too. Credibility takes time to build but easily lost by a slip of the tongue.
1. Put the brakes on any further acquisitions and focus on profitability with both mines for now.
2. Be consistent, it serves no purpose to tell the market one thing and a few weeks later do a complete 360. Shareholders and potential investors are wary of any contradictions from managements including and most importantly the potential of even further dilution as a result of attending another Boxing Day Sale.
3. Uncertainty is easily created by suggestions of a split/consolidation. Granted if/when they do a, for instance, 1 for 10 & the register has shrunk to say circa 185m soi there may be advantages when needing to raise further capital, or institutional investment however there is also plenty of risk. Not sure of the purpose in telegraphing it to an already cautious market, perhaps it was some what strategic, whilst not the principle it may be one of many contributors to the current sentiment here.
- Forums
- ASX - By Stock
- Ann: Saloro XRT Sorting Performance Update
Fair call. I'd ask Keven to consider toning down the king of the...
-
- There are more pages in this discussion • 42 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EQR (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $85.00M |
Open | High | Low | Value | Volume |
3.8¢ | 3.8¢ | 3.8¢ | $18.89K | 497.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 65284 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 75000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 65284 | 0.038 |
1 | 300000 | 0.037 |
1 | 45000 | 0.036 |
1 | 100000 | 0.035 |
1 | 500000 | 0.033 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 75000 | 1 |
0.040 | 712293 | 4 |
0.045 | 133000 | 2 |
0.046 | 202000 | 1 |
0.047 | 15088 | 1 |
Last trade - 15.51pm 23/08/2024 (20 minute delay) ? |
Featured News
EQR (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online