I have never been attracted to the SER/Ionic projects over the past decade and have argued with tin, raider, alanpro and ausheds at length. So I have no vested interest and bought SER for the gold prospect at Saxy. BUT those who supported the company for the past decade with projects like Supersand/ Supercap/ membranes etc etc - none of which were commercialised must be disappointed in the new battery development that could be worth multiple billions over the next 20 years. Ser/Ionic is not in the picture and do not hold the patent. Nothing illegal or underhand here, congrats to Monash uni and the research team. They are brilliant. But i do feel that Ionic management should have worked harder to get a toehold in the research that imo overlaps their own at Monash. If they had, there would finally be an Ionic IPO and long-suffering shareholders would finally be compensated for their faith and support. But like i said I am in for the gold and that is something that all SER shareholders can look forward to. An Ann is close.
My opinions DYOR
SER Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held
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