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$1.57 silver lake resources limited

Are all goldshares in australia over priced at pog US $1638 by...

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toy

206 Posts.

16

05/03/20

13:08

Post #: 43321081
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Originally posted by Squadger: ↑

The shares sold were from a family trust. Tonkin was a beneficiary. Perhaps one of the other beneficiaries needed funds. Still needs an explanation givens that the market does not respond well to directors disposing shares.

I believe the slow response by SLR to the gold price recovery is due to margin calls. Note RED, which is not allowed purchase on margin by ComSec is responding well. SLR allowed 80%

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Are all goldshares in australia over priced at pog US $1638 by the look of trading today it seems so, better prices when gold was lower last year
Hard to understand market sometimes, market is up 1.5 % and gold shares down but that might be the reason no haven needed

SLR Price at posting: $1.51 Sentiment: Buy Disclosure: Held
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0 Great analysis

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