I still maintain the SP has been manipulated downwards so that ANZ will be deflected away from SLA and move on to selling other stocks that won't realise a substantial loss and force the lower SP - this is especially given no shares appear to have actually changed hands......why cause so much grief for themselves if they can sell into a more liquid stock that has good chances of not plummeting in price. Equally once receivers have finished - the administrators will take over - whose paymasters are not the ANZ bank but the creditors of opes Prime - eg Solamind shareholders
This stock is way undervalued given its fundamentals and I tend to agree there will be a massive bounce back once Opes pooh is sorted...I just wish to wasn't so financially committed elsewhere - ie CNP to buy more shares in SLA......hopefully I can do both...so roll on ann for CNP and for ann on SLA to confirm situation has been resolved with Opes ....
SLA Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held