SER 12.5% 1.8¢ strategic energy resources limited

Worrying that the CR ann is accompanied by an investor...

  1. 10,075 Posts.
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    Worrying that the CR ann is accompanied by an investor presentation clearly aimed at us.
    If it was an insto CR then why bother with that?
    If it is a CR aimed at us retail holders will it succeed?
    The share price seems too low to have a shareholder CR imo
    Surely the share price will fall to the SI price.
    CR at 1 cps and the SP would fall to 3 cps meaning it would fail and have to be cancelled.
    And if the company cannot get instos to chuck a few million into it why would retail holders do it?
    If SER can no longer raise cash it will have to try to sell something or take out a loan or collapse.
    Hope I am wrong as I am invested in the company. What do the rest of you think?
 
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