SLX 0.99% $5.12 silex systems limited

Clown on close

  1. 2,554 Posts.
    lightbulb Created with Sketch. 148
    Next to no volume traded all day then some clown/s go and offloads 50,000 shares in the post-close auction forcing closing price back to $0.485 and down 4%.

    Happens all to often for my liking.

    Manipulation? Possibly.

    An attack on the resolve of the of long term share holders in the hope they will release their shares in weakness? Probably.

    MG could fix this in one stroke of the pen!  However, this might not be a sound commercial decision.

    Frustration? You-bet-yah.

    Keeping the faith? Holding on by my finger nails.

    The extremely low volume traded today reassures my view that the negotiations, GLE, DOE, (SolAero - as per Moosey), are taking place in a 'cone of silence'.

    I am... SirKnight!
 
watchlist Created with Sketch. Add SLX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.