Hi 281106,
I believe SER is one of the cheapest resource juniors on the stock market at present, and SER will rate much higher to end multiples of current levels by years end.
A quick look at the fundamentals and projects, clearly shows this. The added fact that FMG have this year taken a major interest in Myall Creek gives another strong angle, possible takover by FMG, but at the very least, SER would rate much higher on exploration by FMG.
In my opinion, there is no other stock that compares in terms of raw potential.
I suggest by weeks end we may well be hitting the 1 cent level. atm SER are trading at a $4Mi MC with $1.7Mi of cash and Nil debt. Ev $2Mi.
You can't get better than that.
drifta
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Last
1.0¢ |
Change
0.001(11.1%) |
Mkt cap ! $14.71M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 0.9¢ | $3.08K | 319.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
24 | 4558908 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 1897465 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
20 | 12478465 | 0.005 |
10 | 10381000 | 0.004 |
6 | 8217667 | 0.003 |
3 | 6641395 | 0.002 |
2 | 3776054 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 1103140 | 4 |
0.007 | 3870462 | 8 |
0.008 | 4200000 | 5 |
0.009 | 6047223 | 6 |
0.010 | 4236000 | 3 |
Last trade - 14.20pm 15/11/2024 (20 minute delay) ? |
SER (ASX) Chart |