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17.0¢ strata investment holdings plc

Thanks Techmeister, that all makes sense, here's hoping it all...

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FastBarney

234 Posts.

11/01/16

14:47

Post #: 16770850
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Originally posted by Techmeister ↑

A few things:
1) the rebrand from RSL to SRT - why do this if he was to buy 100% of a single entity - in this case surely we would keep RSL and just change it to the NewCo ticker - like every other RTO: MOO became SRO / POK became BUD / AZK became BRN / KNE became D13...
So the rebrand to SRT is because SRT will not change to the new entity - it will be a holding company (what I'd call a 'house of deals')

2) the reference to third parties on this Fintech deal - I think SRT will only be a part owner of the acquisition - I think part-ownership is the model he is working to - perhaps a bit like CHP - that means the SRT name stays and the Newco get its own name (CHP has stakes in a number of plays)

3) the unusually massive holding in SRT of MW - tells me he is not in SRT for a deal - but is building a bigger entity - with a different timeframe - I think SRT will be an entity that has holdings in a number of companies - so he is changing his MO to be a long term holder in a number of select plays - rather than a short term deal-maker (which is Cicero's MO)

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Thanks Techmeister, that all makes sense, here's hoping it all plays out to plan!

SRT Price at posting: 2.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 17.0¢		Change 0.000(0.00%)		Mkt cap ! $28.80M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	20000	17.5¢

Sellers (Offers)

Price($)	Vol.	No.
20.0¢	579	1

View Market Depth

No.	Vol.	Price($)
1	13812	0.165
2	82000	0.160
1	19173	0.155
1	75000	0.150
1	11000	0.110

Price($)	Vol.	No.
0.200	579	1
0.210	41477	1
0.230	32564	1
0.000	0	0
0.000	0	0

Last trade - 16.30pm 06/08/2024 (20 minute delay)

SRT (ASX) Chart

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