SLT 0.00% 0.7¢ select exploration limited

resistance met, page-5

  1. 19,875 Posts.
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    re: slt we are back
    icetrader,

    I've been accumulating options in both companies for some months now ... the slto's should move soon if the share price of the ordinaries gets towards .60. Last time it was at those levels the slto's were .20. Missed the boat with the slto's after trying to snaffle 100000 at .10 a week or so back ... damn. It will be interesting to see if this run can be sustained ... some consolidation would not go astray, but then again slt has been so undervalued for so long that it would not surprise to see it make up for lost time.

    i note blackoil has gone quiet for now, he was always very bearish on this one .. but i think he had a fair point about the trading in slt by you know who; and also the fact that the 'sophisticated investors' got to jump aboard the gravy train at a heavy discount just before the express left the station. Makes you wonder why they needed a capital raising when they had enough cash to get through to the hep e and (possibly) hep a 12 year revenue streams.

    anyway, its moving now and looking good if the hep a deal can be finalised ... i've been expecting to settle back for three days now and its kept charging ... so i'll be happy with waiting for my substantial slto holding to come good when the shareprice gets over $1. (note: wishful thinking not a ramp)

    i also think the pbio's are a fantastic buy at current levels, and will be using the lesson of slt to ensure i am fully loaded before take off. they have four devices that are almost ready to go ... and all have ready uses and markets. its good to invest in products that actually add to the benefit of mankind ... means i can forgive myself for holding hardman and keeping the people of mauritania under the iron grip of el presidente lol

    good luck to all.
 
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