SER 11.1% 1.0¢ strategic energy resources limited

If ser can hold the 7c for cob Friday then that will be the...

  1. 5,583 Posts.
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    If ser can hold the 7c for cob Friday then that will be the highest close for a weekend in over 6 months.

    IMO the market has the feel like it did before the Mega split - when sp almost hit 20c
    At that time it was all about Uley with very little value given to Cultana and other assets - Graphene was way down the foodchain - almost worth zip
    I did but 250,000 ser at about 16c at the time

    If one accepts the ser vxl holding and 1.5% royalty is worth $20m in 12 months time [an I do] then basically everything else is for free.
    The amount of Graphene articles on Google is incredible - but just the immediate focus is
    the Royal Society Presentation and the in May it is Graphene Week.

    Quarterly reports are looming, VXL ramping up and then the Graphene hit should see ser sp over 10c in early May IMO, but I would not be surprised if it hits 15c pre-demerger.

    if ksn have success with SA Govt co-funded $2m drilling campaign in June, then that upgrades Myall Creek & Cultana - it would be nice to say 10c, but lets stick with 2c value for ser sp.

    I know a lot of DT are into charts, but the other chart worthy point in this post is the closing price before a weekend. the rest will not be picked up in a chart since material events on the horizon

    Anyway, once the Ionic demerger is out, I do expect a few punters will want a slice of the action - picking up 1-2% of the stock each. If the demerger notice is out early tomorrow then 10c Friday close is very possible.
    Just think about what impact on the sp if 3% of the stock is grabbed - not to be traded
 
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1.0¢
Change
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Mkt cap ! $6.710M
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1.0¢ 1.0¢ 0.9¢ $3.08K 319.0K

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24 4558908 0.9¢
 

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1.0¢ 1897465 6
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Last trade - 14.20pm 15/11/2024 (20 minute delay) ?
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