We are close to an inflection point, one way or another. The next 6-10 weeks tells the story about whether this is a $1 billion market cap company.
My bet is that the downside is relatively limited, especially if you’ve been around since SL arrived (unless we have a general market meltdown) Maybe 15-20% of correction if none of the drill results deliver.
Is that plausible? Every campaign has delivered for 12 months. And we are getting to a point where the upside could be significant - either another rerate or another rerate followed by a a takeover bid.
We are close to an inflection point, one way or another. The...
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 (20min delay)
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Last
$1.97 |
Change
-0.025(1.25%) |
Mkt cap ! $2.524B | |||
| Open | High | Low | Value | Volume |
| $2.01 | $2.05 | $1.95 | $66.88M | 33.90M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 77974 | $1.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.98 | 85766 | 5 |
View Market Depth
| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| SPR (ASX) Chart |