SLT 0.00% 0.7¢ select exploration limited

10 million dump, page-17

  1. 23,919 Posts.
    lightbulb Created with Sketch. 752
    was also thinking when top shareholders will hold their bags till as well grudgy

    if it is going to shape up to be like a MOD play, then I think the major holders it is safe to say are long termers

    given that it is jasper hill and not the pattos clients, i dont expect there to be significant dumps on news with clients wanting to take profit along the way

    i doubt they would go to the effort of taking a major holding in a shell play like SLT for the sake of a few bags - they can day trade a few speccies or FX and pull it off in a shorter time frame.

    the time and effort that will be put into this potential consolidation, name change and new acquisition - i think they will be setting this play up for something more along the lines of a 15 - 20 bagger

    timeframe - anyone's guess at this stage. news will confirm

    i think this is play is different to where they take up the left overs of an underwritten play or something similar just for a quick bag turn around (like with QPN etc)

    dont think this is a usual pattos play IMO




 
watchlist Created with Sketch. Add SLT (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.