SRA strathfield group limited
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Nice update previously on the stores shambolic layout. At $17m...

  1. VVSLaxman
    20 Posts.
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    24/06/08
    10:25
    Post #: 3899159
    Nice update previously on the stores shambolic layout.

    At $17m market cap this thing is now interesting. Any chance of Crazy Johns buying them out and giving themselves an extra 100 stores instantly?

    Current franchise model is a disaster.

    Andrew Kelly debt will never be recovered and the Board are gonig to write off his 25m shares to cover the $5m he owes. Pity the 25m shares are only worth approx $600,000.

    Kelly is now a spiv spruiking some fuel enhancing product for cars.


    SRA Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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