Investing in Silex Systems (SLX) has come down to a three-way staring contest between its giant partner, the uranium market and the Australian market minnow. The question is, who’s going to blink first.
This could shock many, but my money is still on Silex even though its 75% plunge from grace over the past year would make hardened risk takers weak in the knees.
This is because it is more a question of “when”, not “if”, the laser technology developer can successfully commercialise its uranium enrichment system. Who will blink first?
3 way staring bluff
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Last
$4.24 |
Change
0.040(0.95%) |
Mkt cap ! $999.6M | |||
| Open | High | Low | Value | Volume |
| $4.26 | $4.30 | $4.19 | $777.6K | 183.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 2486 | $4.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.24 | 1919 | 16 |
View Market Depth
| Last trade - 14.47pm 16/08/2024 (20 minute delay) ? |
| SLX (ASX) Chart |