SOR strategic elements limited
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Checked the latest quarterly report. Already down $1mil in cash...

  1. croser
    1,156 Posts.
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    09/07/21
    21:47
    Post #: 54408086
    Checked the latest quarterly report. Already down $1mil in cash from the half yearly of $6 mil. The cash burn has increased dramatically. After previous CR SOR raised enough cash to last approx 3 years before the next CR. If this CB rate holds the cash my not last that long this time. IMO

    The half yearly is very sobering. Net Assets $6 mil SOI 380 mil. NTA 1.5 cents.

    This all points to a continual slide in SP IMO
    SOR Price at posting: 23.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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