Having studied the half yearly results and calculated financial ratios as to fair value,it would appear that the stock is undervalued at current prices. The company will have a much stronger balance sheet following past problems. The stock should now be attractive to small cap fund managers looking for a good recovery in the SP. The directors should be congratulated on turning the company around.
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Currently unlisted public company.
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SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
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