SLR
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0.00% $1.57 silver lake resources limited

Ann: Presentation - Red 5 and Silver Lake Resources to Merge, page-48

  1. ACEMINER
    2,198 Posts.
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    05/02/24
    13:04
    Post #: 72241041
    Correct
    The shares in RED held by SLR are to be treated via section 259D of the corporations act. https://www5.austlii.edu.au/au/legis/cth/consol_act/ca2001172/s259d.html

    So either shares cancelled which is effectively a no cash buy back or a cash transaction some how like a special dividend? Even LT ain't that stupid. On that basis a great buying opportunity which I have taken
    SLR Price at posting: $1.11 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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