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16.0¢ strata investment holdings plc

Thoughts about MW, page-58

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spanishflare

2,579 Posts.

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20/01/16

21:13

Post #: 16836346
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Originally posted by Dr.Seuss ↑

"If a Lower MC was so critical Why didn't MW choose WPI with the obvious lower MC, a more sound board of directors (No Bell)."

He has Froggy. With 12% of the company and took part in the recent placement.
If you mean why SRT is before WPI- I would say that is partly down to the failures here with Cloudland and Sugar Crush (ie he owed it to RSL/SRT investors) but mainly the fact that WPI became a shell afterward and commenced the acquisition hunt mid last year.

I also strongly disagree with your views on market cap when comparing 2 MW shells. It is far better to get set on a MW company as close to his entry price as possible. And with his track record...if it's 1/3 of the market cap of SRT..then it looks like a gimme to me. Of course that's not to say anything against SRT as I want as much upside as possible. But talk of 50c etc are just fanciful (5c would do me!) and likely to end up with investors getting hurt and angry.

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So no more winks and twisted smiles of 10-20c?

What happened is such a short week?

SF

SRT Price at posting: 2.4¢ Sentiment: Buy Disclosure: Held
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