Very smart will be the one who knows the end of this SLR-RED merger story ! While the trend is bullish, RED is falling today, logically leading SLR, SLR to the formidable results noted in the "Half year financial result summary" and of which we know the artificial undercutting by this ridiculous offer of 3,434.
The fact that it is necessary to cover a forward sale as ridiculous as that made by that idiot R. Williams who precipitated DACIAN's descent into hell suggests that history could repeat itself...
To avoid this scenario, this merger must fail and if Finlayson (GMD) is the puppet master of this operation, he only has to seize RED and then make a correct offer for SLR taking into account his resources and his enormous treasure in cash...!
SLR Price at posting:
$1.18 Sentiment: Hold Disclosure: Held