I think that what happened on Friday with the sell-down to 54c followed by the spike up to 60c scared both buyers and sellers. So, today people were waiting for some direction, which was a sell to 59c. That seemed enough to spook them into selling.
Keep in mind that the last announcement seemed to point to no significant news until well into next year! So as much as the company is worth in the medium to long term, it doesn't seem to be putting your money work now.
But I think that more and more people are putting SLT on their radar and when it starts to move, watch out!
It's ridiculous to see selling at these prices with such a brilliant story. Time will tell.
SLT Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
