SLX 3.87% $4.72 silex systems limited

Chart for those interested, page-11

  1. 20,226 Posts.
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    The thing I like about both of those shares is that they were Phoenix type shares, even though one changed technology, they had the dollars and the new tech needed money to grow and grow, it did that as you well know and by multiples?
    I didn't at the time realise, that it was a Platform technology with many uses and each one is better than the last, so is Silex, and the technology really hasn't changed from the old days really, it has only got better I reckon? and so has the new deal with GLE, it is a far better proposition now than what we had back then with GEH, because we actually own part of it now and still get to keep the same royalties going forward, that is important from what I see, and I also like the fact that we have money in the bank and also other platforms that are also looking the goods, they are both very similar in that regard.

    PS, I won't be selling either for a very long time!
    Last edited by moosey: 26/05/20
 
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