SRT 0.00% 16.0¢ strata investment holdings plc

Strata posted on X, page-20

  1. 13 Posts.
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    OK brasstacks, you cannot seriously be praising MM for overseeing a decline of the share price from 32p in 2021 to 8p now. It has clarified in my mind that you are not a shareholder but are employed directly or indirectly by the company to stop shareholders from upsetting the status quo of the strata gravy train. The biggest problem I have are the admin fees being squirrelled away. The sale of Kalahari metals was meant to bring costs down from gbp 2 million per year as an active investment where we had to contribute directly to drilling expenses through a joint venture, to what should have been a typical 2 or 3% management fee as a passive investment. This has not happened - we still spent 2 million gbp in the first half of this year on admin expenses, that is 14% of our market cap. 28% annually… Where on earth is that money going?
 
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