Reading the half yearly report issued this week, the company's shares in Callabonna Uranium were disposed of during the period. The 39,000,000 shares in CUU were sold by my calculations at about an average price of .10 for a consideration the report says of $400k.
Could have been better if they had stops, could have been worse; following Fukushima the share price of CUU is now about .07.
Lets hope they go better at disposing of the remaining assets.
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STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
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