Things are very bad for this company. You would wonder how much longer the ANZ can hold on. I doubt the debt would ever be repaid in full. Management has been far from a corker, Tate has been told to keep a low profile. Company has been very dishonest with shareholders. SP to drop further without doubt. Could be a speculative buy around 15c like AUN(austar) and GLB(globe) were a few years earlier and then you hope for a recovery.
Could go under quite easily IMHO
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Things are very bad for this company. You would wonder how much...
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Currently unlisted public company.
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STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
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