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$1.57 silver lake resources limited

I think many SLR holders here can prove it the recent two major...

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Questing

113 Posts.

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29/04/24

15:59

Post #: 73562951
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Originally posted by MIStragic: ↑

Reality check for SLR shareholders - less than 9 months ago SLR bottomed out at 81c ( a classic "double bottom" in chart analysis ), at a SP almost a 1/3rd of the 3yr high SP ...." cry me a river" long term SLR SH's .... But since the "disastrous" "unfair" "inadequate" etc etc the announcement of the merger agreement (by both BOD's), SLR SP has almost doubled .... great trade for those who picked up SLR at bargain basement (toilet) prices ..... is this as good as it gets for SLR SH's ?? In the unlikely event that SLR SH's reject the merger, will SLR SP hold or head back towards the toilet ??
Meanwhile RED SP is close to all time highs and continues to be strongly bid, suggesting either the merger with SLR is favourable or GMD is building a stake to make a counter bid ?? After much pain and disappointment, it's good to be a RED SH. Soon all you SLR SH will also be RED SH??

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I think many SLR holders here can prove it the recent two major corrections with SLR:
When SLR bought 11% of RED shares at 26c
When SLR announced the merger.

If the merger failed, SLR or RED will benefits from the soaring price of gold?
SLR Price at posting: $1.46 Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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