SVL has been trading on low volumes with lacklustre interest. The 2017 catalyst are quite attractive:
1) A rising POS.
2) The anticipated DFS mid year
3) I expect a lot of M&A interest in the sector due to (1)
I am not a rocket scientist but I find it hard to believe that Bowdens is unviable after all the money that has been spent on it to date and given that KCN is retaining its shareholding in SVL. All will be revealed in the DFS- looking forward to that and SVL multi-bagging in 2017!
SVL Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held
