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Srt Marine Systems Takeover Rumours (SRT)

Srt Marine Systems Chart

Srt Marine Systems Takeover Price

Srt Marine Systems Takeover Forum Posts

17-01-2024
To expand the above.(since profitable companies have gone out of business)"Turnover is vanity, profit is sanity but cash is reality"And SRT have had a shortage of cash for many many years. Just look at the number of placings there have been and the amount of debt placed via the Cayman islands. If the contracts had all come in within 6 months of being imminent, things would be very different. But, at the moment, there is a possibility the company will be cash constrained again later this year. Rather than SRT going off to the Caymans again, OI could buy some convertibles. Takeover by stealth.....