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Why Is Strategic Energy Resources Cutting Shares by 20 Times in April?
9:52am on Thursday 12th of February, 2026 AEDT
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Energy
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Why Is Strategic Energy Resources Cutting Shares by 20 Times in April?
9:52am on Thursday 12th of February, 2026 AEDT
Key Points
1-for-20 share consolidation effective 1 April 2026
Ordinary shares reduced from ~1.11 billion to 55.7 million
Options consolidated with adjusted exercise prices
Trading of consolidated securities begins deferred settlement 7 April
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