Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Tom has just laid the boot into his favourite old whipping boy, Sefton Resources (SER). I am meant to be banned from writing about Sefton and I’ve got to admit the subject is a little tired, but somebody has to speak up for the current management team. Under assault from all sides, including from supposed friends, the current board has not received the credit it deserves for simply not just walking away and letting the company collapse.
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Comments
wildrides
Never has a company been more deserving of death . Shite does not even come close . All genuine investors have had ample opportunity to exit with some capital in the disgraceful Oily & Desperate ramp phase . Let it die and take the BB moron crew who followed in Oily and Desperate on their ramp phase go down with .the ship .
DUCK AND DIVE
SER needs to tread water for a couple of months, burning as little cash as possible.