SER 11.1% 1.0¢ strategic energy resources limited

Ionic new presentation, page-18

  1. 3,780 Posts.
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    Are you guys following ENX which Ionic will possibly backdoor via? It’s fallen back recently from 2.5c but I noticed on Friday it had a bot buying lots of 808 shares at a time. It’s highly unusual to see a bot on such an illiquid penny stock.

    If only we knew how the deal will be structured because buying ENX under 2c could be a bargain if Ionic are raising at 4c and likely to do a final raising even higher.
 
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