@zog
I do sympathise with some of the points you’ve raised in your post, but I am not following this particular bit:
My biggest concern is that we have about 12 months before this all comes to the boil (i.e we have cash)
As of November 30th 2018, SLX had 29m$ in cash (before even counting in the value of the IQE shares) and the current cash burn rate is (by my own estimates) within 5m$ pa.
So, am I way off the mark by saying that in 12 months, whatever happens, there will still be ~24m$ in cash, plus the IQE shares?
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Last
$4.26 |
Change
0.090(2.16%) |
Mkt cap ! $1.014B | |||
| Open | High | Low | Value | Volume |
| $4.31 | $4.38 | $4.13 | $4.102M | 964.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $4.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.26 | 2300 | 1 |
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| Last trade - 16.10pm 15/07/2025 (20 minute delay) ? |
| SLX (ASX) Chart |