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0.00% 52.0¢ egan street resources limited

Ann: Ceasing to be a substantial holder from LSX, page-4

  1. Davisite
    18,901 Posts.
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    26/11/19
    06:30
    Post #: 41626960
    I would say the shorters know that there is going to be sustained selling of SLR as all the reluctant SLR holders get out. Shorting SLR while going long the GDJX would probably have been a very risk free trade.

    I am now overweight SLR, but I am going to wait for the SP to bounce back before selling down. I think the next quarter will be a good one for SLR which should help.
    EGA Price at posting: 45.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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