SRY 0.00% 0.4¢ story-i limited

Ann: Termination of acquisition of MyMac, page-3

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  1. 269 Posts.
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    I expect the vendor would have wanted a much reduced script price to that originally agreed given the recent trading range. The best take on it all is that SRY weren't willing to offer script at too low a price with the view that the company is currently materially undervalued.

    Would be nice if they gave a bit more detail or at least provided some more colour on how the company is going more generally.

    Not a great loss - i think they should keep their focus on Indonesia in any event and build scale there.
 
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