Silex has historically been a stock where people buy the rumour and sell the news. We've seen it plenty of times in the past where the stock rose before a positive announcement only to drop after the good news was actually announced.
Even if what you're saying is true and the market knows that something is up beforehand, it doesn't mean that the opposite won't happen when the bad news is actually announced.
I've historically done very well just acting on what is known and taking advantage of market paranoia rather than participating in it.
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silex systems limited
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3.02%
!
$3.86

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Last
$3.86 |
Change
-0.120(3.02%) |
Mkt cap ! $919.0M |
Open | High | Low | Value | Volume |
$3.93 | $3.98 | $3.82 | $18.40M | 4.762M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3224 | $3.85 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.86 | 24465 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3000 | 3.820 |
2 | 2250 | 3.810 |
6 | 14857 | 3.800 |
1 | 250 | 3.790 |
1 | 2000 | 3.780 |
Price($) | Vol. | No. |
---|---|---|
3.980 | 5226 | 2 |
4.000 | 10249 | 3 |
4.080 | 450 | 1 |
4.100 | 5 | 1 |
4.140 | 1000 | 1 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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SLX (ASX) Chart |