SLX 1.19% $4.25 silex systems limited

powering back, page-9

  1. 177 Posts.
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    eklwl,

    Good to see your response. Couldn't agree more.

    I guess some folk have got overly excited with the sp rise.

    My view is that the company offers a "drink" for everyone, even day traders. Me, I'm in for the longer haul.

    Interesting to know how many CFD traders jumped in this month into SLX- certainly had the attention of quite a few CFD providers who quoted Silex. Maybe we saw some stop loss buying as a result of the drop in the sp yesterday and earlier today.

    It's worth noting that under 5% of the all shares on issue traded this week. Even today, only a little over 1 million shares were traded, in the range of $11.09 to $12.00, with the sp strengthening in the afternoon trading.

    Silex is a tightly held stock. No wonder the fund managers and investors went into an absolute scramble to get their hands on the stock over the past 2 weeks.

    Expect prices to start going up again over the next few weeks, although not as spectacular as what we experienced this week.

    I'm looking forward to hearing of the next round of updates from Silex, in particular the ultra high efficiency solar cell and silicon chip technology being developed by Translucent- the latter co funded by the US Government.

    DYOR
 
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Last
$4.25
Change
0.050(1.19%)
Mkt cap ! $1.006B
Open High Low Value Volume
$4.26 $4.30 $4.19 $1.305M 307.3K

Buyers (Bids)

No. Vol. Price($)
1 445 $4.25
 

Sellers (Offers)

Price($) Vol. No.
$4.29 342 1
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Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
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