SLR 0.00% $1.57 silver lake resources limited

Enough to see... red !!!, page-61

  1. 67 Posts.
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    The SP was in a downward trend until we bought Red5 shares back in September 23 then it rallied to its high at merger announcement . As the merge doesn’t happen until may/June I’d say traders have taken their gains and the SP is back to the resistance level. If the merge doesn’t go ahead , we could be heading back down to the support of 80 or worse. Merge and we’ll be in a great position for a rerate. For me I think Red5 will get better offer or the Merger gets voted in. This is just my opinion and I’m not a technical trader so I could be wrong .
    https://hotcopper.com.au/data/attachments/5990/5990628-eecbddc848ae086cc5c3d2c921194601.jpg
 
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