Already the ridiculous offer made to SLR shareholders included a discount on the last price paid, now SLR is even selling with a discount on this offer of 3,434 ! At RED's day price at AU$ 0.35, SLR should be worth AU$ 1.20, but closes at AU$ 1.14 !!!
What is the point of selling at a loss ? Intervention of a market maker on someone's orders to bring down the price ? Are SLR shareholders afraid of joining RED ? If anyone has the answers to these questions, thanks in advance !
SLR Price at posting:
$1.14 Sentiment: Hold Disclosure: Held