We are a high Beta stock that doesn't pay a dividend that has recently posted huge gains. So when the market falls, our stock is going to be the first to be sold by skittish investors. So recent falls are predictable and normal.
The spot price of U has fallen a little on tiny volumes recently which also explains some of our recent weakness, but longer term the fundamentals are super bullish for both U and the commercialisation of our tech.
The most compelling bear arguments I see are if you zoom right out and look at the state of play at the really macro level. The outlook there ranges from bleak to apocalyptic.
SLX Price at posting:
$3.06 Sentiment: Buy Disclosure: Held
