Have to agree with Grant's assessment,except for fact that negative sentiment can disappear very quickly with the right announcement. Being optimistic, I believe that announcement will be made, just I don't know when. Still, on a down 10% day I bought some (for the Super fund - so I won't be selling for 10 years). So be careful about levels - don't be inflexible; I think if/when (well when if you're an optimist like me) it makes the right annoucement, it will be more than 10% up on the day and bloody hard to get set.
BTW, announcement doesn't have to be in respect of revenue/profit today.
Good luck and DYOR,
K
chart hildo, page-8
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Last
$5.28 |
Change
0.040(0.76%) |
Mkt cap ! $1.252B | |||
| Open | High | Low | Value | Volume |
| $5.26 | $5.50 | $5.26 | $2.151M | 402.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2350 | $5.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.35 | 3092 | 1 |
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| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| SLX (ASX) Chart |