S3R 0.00% 0.4¢ serpentine technologies limited

Ann: Company Update, page-3

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  1. 14,658 Posts.
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    $ EV around $1.5
    $4.4 mill still to be repaid in instalments as PTF realise profits
    DD done on several projects acquisitions
    costs/cash flow kept to a minimum

    low downside here, big upside
    Unfortunately my average sucks but happy to let it bulge and ride it once we get info.

    What not to do!
    I held FBR fast brick robotics at around .7c from IPO
    sold around 1.2c after a long wait.
    Pretty happy, Dohh!!!

    2 yrs later, its 27c  (ie a 40 bagger had I held)

    You need to have patience for the big gains.
    Last edited by Oscar09: 27/11/18
 
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