SER 6.25% 1.5¢ strategic energy resources limited

Where the F is Ionic?, page-27

  1. 10,075 Posts.
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    ausehds skin in the game means nothing, remember CD over at VXL, owned lots of shares and kept buying them as the ship sank, the more it sank the more shares he bought. Each time the sucker share holders said 'the company must be ok because CD is buying shares,' But it was nothing more than manipulation. MM is trying to get a deal together but does he have a product that can be commercialised cheaply enough and find a market and make a profit? That's an unknown and if he doesn't he will not get a cornerstone investor and SER will run out of cash and Ionic will not meet ASX listing requirements. High risk and growing daily in my opinion.
    Last edited by m0ngy: 25/05/16
 
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