SER 6.25% 1.7¢ strategic energy resources limited

we will get crumbs, page-38

  1. 655 Posts.
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    "The most critical loss that occurs when your shares are moved into a private company is loss of PRICE. As time goes on you become disconnected to the company, annual report arrives, but that's it. After months of not having a market giving you a blow by blow price you lose touch. A offer arrives for your shares (usually seems a bit low) and you having no yardstick. You cannot say, "where is the 20% premium". You have moved on to other listed shares and you concede to the offer without any fight. "just give me some cash" It's too hard."

    Uley/Bambi is near that point, I guess by now. And no crumbs.
 
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