zog, it would be nice if the Ionic value is 7 cps but upon the demerger it was about half of that.
sure there have been some significant progress made since the demerger
Supercapacitor
Battery enhancement
Membrane filters
these should add value and it remains to be seen how much value is added.
when Ionic issue update re IPO then we will get an idea of how close is the 7 cps
Latest update July 31 2016.
As regards VXL washout - SER's holding has been crucified - IMO a large distance needs to be put between the joint company secretary
and VXL shareholders, including SER's holding.
Ionic and SER need to be separate entities, otherwise the $20m+ costs that SER have built up over the years are void.
By keeping separate, the income SER receive from Ionic has a $20m tax holiday.IMO Ino
Speculation, page-2
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