SLX 5.13% $5.33 silex systems limited

Ann: GLE Executes Option Agreement to Acquire Land for PLEF, page-13

  1. 201 Posts.
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    Hi Fire and Ice,

    Silex has a long history of price dropping perhaps paradoxically on what I consider to be good news only to rise to new highs randomly a few weeks/months later. I have never really understood this.

    My only idea is that short termers were hoping for an even better announcement and hence are disappointed with steady progress.

    Maybe this is what they wanted all in one announcement

    TRL6 achieved, land purchased, Cameco purchased another 25% of GLE for $400m US, building commenced for the paducah plant and a dividend of $1/ share starting at christmas time.

    These will all happen eventually.... we are nearly there

    Bocky71
    MGAS
 
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