Just my take on previous comments, I believe Silex is similar to mining companies. R and D is similar to drilling holes then once the resource (technology) is proven you need money to build what is going to make you money. Silex needs the money to build the money making item not drill holes. (carry out R and D).
And on sophisticated investors, a lot on here are probably similar to me, I thought sophisticated investor is a term for institutional investors with deep pockets. I found out the hard way when I invested in a small company as a sophisticated investor (and wondered how I was considered such).
The term sophisticated investor is a legal term meaning you have done the research, know the risks and having considered those risks and are still investing.(and probably doesn't take advice from hotcopper forums!!!) So the sophisticated investor has no come back if, say Silex cannot scale up its technology. They will have done their money.
All companies will call for sophisticated investors to avoid potential legal cases. Of course this doesn't protect the company from blatantly lying though.
- Forums
- ASX - By Stock
- Ann: Trading Halt
Just my take on previous comments, I believe Silex is similar to...
-
- There are more pages in this discussion • 42 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SLX (ASX) to my watchlist
|
|||||
Last
$5.17 |
Change
0.000(0.00%) |
Mkt cap ! $1.224B |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 657 | $5.42 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.92 | 1259 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3818 | 5.230 |
3 | 2947 | 5.170 |
1 | 850 | 5.160 |
1 | 850 | 5.150 |
1 | 850 | 5.140 |
Price($) | Vol. | No. |
---|---|---|
4.920 | 1259 | 2 |
5.030 | 191 | 2 |
5.040 | 674 | 1 |
5.180 | 3364 | 2 |
5.190 | 850 | 1 |
Last trade - 09.54am 16/07/2024 (20 minute delay) ? |
Featured News
SLX (ASX) Chart |
Day chart unavailable
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online