SRY 0.00% 0.4¢ story-i limited

I expect the vendor would have wanted a much reduced script...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 235 Posts.
    lightbulb Created with Sketch. 5
    I expect the vendor would have wanted a much reduced script price to that originally agreed given the recent trading range. The best take on it all is that SRY weren't willing to offer script at too low a price with the view that the company is currently materially undervalued.

    Would be nice if they gave a bit more detail or at least provided some more colour on how the company is going more generally.

    Not a great loss - i think they should keep their focus on Indonesia in any event and build scale there.
 
watchlist Created with Sketch. Add SRY (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.