SLR 0.00% $1.57 silver lake resources limited

Ann: Ceasing to be a substantial holder, page-9

  1. 2,337 Posts.
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    It seems that SLR is going "insubstantial" ?
    - current MC = A$883m (which includes A$300cash + A$400m of accumulated tax losses) & no debt.
    Net of cash SLR's MC = A$583M ??
    RED current MC = A$605m (+ A$150m debt).
    So, whats the market saying about SLR's growth ? Its high costs and relatively short mine life a big big problem ?
    With no prospects of dividends nor real growth, this stock is only for day traders IMHO.
    Meanwhile SBM creates a new 5 yr low ... whats the market really saying about SBM, other than its a great tax loss company ?

 
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Currently unlisted public company.

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