Sept qtr result was not as bad as I expected, but apart from a booming gold price what upside is there for SLR? SLR did not pay any dividends when it was a 1 billion plus market cap company - what chance now? Shareholders are there IMO to fund the lifestyles of mgt and employees. If directors really believe in SLR they need to pony up some cash and buy some shares on the market at these low prices.
SLR Price at posting:
28.5¢ Sentiment: Sell Disclosure: Not Held