Have to agree with Grant's assessment,except for fact that negative sentiment can disappear very quickly with the right announcement. Being optimistic, I believe that announcement will be made, just I don't know when. Still, on a down 10% day I bought some (for the Super fund - so I won't be selling for 10 years). So be careful about levels - don't be inflexible; I think if/when (well when if you're an optimist like me) it makes the right annoucement, it will be more than 10% up on the day and bloody hard to get set.
BTW, announcement doesn't have to be in respect of revenue/profit today.
Good luck and DYOR,
K
chart hildo, page-8
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Last
$4.50 |
Change
-0.180(3.85%) |
Mkt cap ! $1.067B | |||
| Open | High | Low | Value | Volume |
| $4.80 | $4.80 | $4.50 | $1.778M | 386.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 37322 | $4.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.51 | 3008 | 2 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| SLX (ASX) Chart |