Hi Wasa
As I see it, Mega is using other peoples assets to build a company. SER shareholders will have shares returned to us as value from our own asset.
Now the structure being used is very similiar to a scheme that has got others into trouble.
I am not convinced and the lack of infromation from the SER management contributes to my predicament that the overall transaction is fair and reasonable to SER shareholders. How was the C$70m derived? Has the figure been subject to due diligence? Why was Mega chosen as the vehicle to develop the increasingly valuable asset?
I can understand why other shareholders have got skittish and sold out as the probabliity of venture being successful could be no more then 50/50.
Cheers
R1
no trading whatsoever in ser today?, page-2
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Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $6.710M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $39.37K | 3.937M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 926046 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 1692526 | 5 |
View Market Depth
| Last trade - 15.21pm 08/11/2024 (20 minute delay) ? |
| SER (ASX) Chart |