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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 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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