I wonder who the other 591,000,000 un-accounted RED5 shares purchased on top of SLR 383,000,000 shares belongs too then? SLR? I reckon SLR started purchasing over a week or two ago and picked up more than 11% announced so far. I reckon its more like around 20%. I guess all will be announced on the ASX next week. All SLR shareholders, myself included should be very happy as we are all picking up RED5 for a steal. Once RED 5 is re-rated its market cap will be more inline with CMM & GOR. Once the next quarterly results are released in late October we will see much higher share SLR & RED 5 share prices and we will all have one big smile on our faces and will be congratulating SLR management for such a great buy in picking Red 5 shares for a steal.
SLR Price at posting:
90.0¢ Sentiment: Buy Disclosure: Held
