SER strategic energy resources limited

MIT scientists create super strong, lightweight 3D graphene, page-8

  1. zog
    3,362 Posts.
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    I doubt that there will be a RI whilst Ionic is an unlisted company. The methods available are identified below
    Methods of raising money for unlisted companies

    Possibly a better option would be for Ionic to be re0incorporated back into SER (via a back door takeoever) - it would then become listed on the ASX and could raise money via an accelerated Rights issue. SER had a cash balance of $640,660 @ 30/6/2016 and an annual cash burn of A$636,604 which implies that it will run out of cash about mid year. It assets are effectively stranded since it will be unable to raise any money. Possibly best for Ionic to buy SER for a song and then raise capital for the Ionic developments as an ASX listed company.
 
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