SER 11.1% 1.0¢ strategic energy resources limited

Why FMG applied for all Myall Creek Mining Leases, page-3

  1. 2,162 Posts.
    lightbulb Created with Sketch. 178
    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
 
watchlist Created with Sketch. Add SER (ASX) to my watchlist
(20min delay)
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
Last trade - 14.20pm 15/11/2024 (20 minute delay) ?
SER (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.