SER 11.1% 1.0¢ strategic energy resources limited

Ann: Half-year Financial Report - 31 December 2017, page-6

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  1. 6,083 Posts.
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    not really its depends on the cash in the kitty, looks like SER has about $2m after raising $2.5m (tell me if incorrect). imo this company needed to focus its spending, by spending on a range of products and mining interests it has lessened its chance to get an income that could fund the other activities. Still needs to do that imo, choose the best and spend on that to commercialisation of profitability, maybe sell off the slow movers. Just my view, interested in others. I have been in and out of SER at various times over the years and usually got frustrated and sold out but would buy again if I could see an income in sight. A CR with the SP so low is scary so income is needed imo.
 
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