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$1.57 silver lake resources limited

Enough to see... red !!!, page-14

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deserthead

515 Posts.

80

06/02/24

11:43

Post #: 72259669
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Originally posted by Jeanlucecuyer: ↑

Indeed Luke Tonkin and his board are largely responsible for the loss of market confidence in SLR and it is a safe bet that before thinking of SLR shareholders, Tonkin first and his board secured a place on the RED board during negotiations which resulted in this merger, well-ordered charity begins with oneself !!!

And as GENESIS is underlying in this deal, it should be remembered that GMD recently bought DACIAN in what was probably one of the most shameful price manipulations in the history of ASX (without ASIC and J. Longo lifting the little finger!!!) and that there too, the former director of DCN, Dale Richards and his board first thought of saving their butts before thinking of the interests of their shareholders, a disgrace unfortunately unpunished to this day !

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I remember when I discussed with Luke about 2 years ago about not paying a dividend to shareholders and stating that it didn't have to be a large dividend, just one to reward shareholders for their loyalty. He of course cited the reason for not doing so due to the booked tax losses.

He didn't like it one little bit when I pointed out that he was the reason for tax losses, not the shareholders, so why are you denying them.

SLR Price at posting: $1.10 Sentiment: Hold Disclosure: Held
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