S3R 0.00% 0.4¢ serpentine technologies limited

Ann: S3R to acquire precision fabrication technology business, page-47

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  1. 74 Posts.
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    Hi,

    It is presently suspended - one step beyond a trading halt. All things going to plan it is intended to be readmitted and resume trading in July. It will open at whatever price buyers and sellers think it is now worth as it will then have a business and a very different capital structure. My quick calculations are that trading 4c or over allows shareholders to retain at least the same dollar value shareholding they held prior to suspension.

    Regards


 
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