SER 10.0% 1.1¢ strategic energy resources limited

The quarterly report has since been issued and I will be guided...

  1. 5,434 Posts.
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    The quarterly report has since been issued and I will be guided by it.
    If an announcement is to be made in February then there are only 13 trading days left to do so.

    Should this drift into march then no big deal to me.

    However imo it is important that the demerger happens well before the EOFY and the Ionic IPO after end of July - to enable shareholders [me included] the choice of which financial year they can sell SER after picking up the demerger entitlement - that is if they want to sell.

    Frankly I think SER sp needs to gain some upside from other assets first - Myall Creek or Cultana are just 2 assets that have potential to add a couple of cents with the sniff of some good news.
    Myall Creek has the SA Government $2m spend to the north - positive results from that could be very good for SER.
    Cultana now has the access permit renewed - get in there ASAP on the ground to test the new trend line I reckon - before the demerger.

    Once VXL get some sales then SER pick up 1.5% royalty which will help sp.

    We just have to wait
 
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Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
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