I'm no expert here, but how does this realistically value SER. Bad news is that they have given all the remaining 20% of TEP for $187,500. Is that correct. And some options at .25 which are currently well out the money.
What else is left and what is it's value ? Just trying to work out if it a punt makes sense ?
sp was priced to fail, some shareholder value maintained as Kansas now becomes the jewel in the crown, maybe not to SER but to others that are circling. as stated Kansas had a valuation of 6p alone, obviously will get nowhere near that now but as ser now has the sp of a shell company on aim yet still has valuable assets it becomes a screaming takeover target,as stated in rns the vultures are circling.
Love these late Friday afternoon RNS's. Unfortunately buying was early impossible, like you said bouncer only 4 buys and 66% up. St6phen, you will have to be quick Monday morning. I would only buy sub 0.2p. I'm guessing it will be above that very fast if not immediately
What this offer does seem to me to mean amongst other things that Sefton will have a share option to take a slice of Hawker and that means that the prospects of Tapia could still be of limited benefit to SER, so all is not lost- and there is Kansas and the pipeline - is that the case?
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