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$1.62 silver lake resources limited

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colincj

6,258 Posts.

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17/04/24

20:29

Post #: 73395191
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Originally posted by mergernotaTO: ↑

Even if Red5 have more assets as reserves, by the time they've mined it to sell the POG will probably have dropped. Red5's share price lives on hopium that this merger will go through if it fails most will like abandon ship over inflated pe to other gold miners, hedged gold that can't take advantage of POG.SLR is trading at a discount to red 416slr to red 3.43 to reds .43 dk why any1 bothers holding red or buying red when slr is bigger and cheaper idk but I've decided we don't want deadweight like red merging with us. Right now SLR can pay a special divi push up and rerate on POG push SP to fair value on it's own. If we merge we might as well say goodbye to our cash and any chance of divies why should we give them all this and get what reserves? By the time there hedges end and we can make any profit from their reserves we'll be deep in the RED. VOTE NO

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You should MERGE your last six concurrent post's into one

SLR Price at posting: $1.43 Sentiment: None Disclosure: Not Held
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(20min delay)
Last $1.62		Change 0.000(0.00%)		Mkt cap ! $1.509B

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	350	$1.78

Sellers (Offers)

Price($)	Vol.	No.
$1.54	1171	2

View Market Depth

No.	Vol.	Price($)
1	350	1.775
3	1377	1.665
4	14380	1.620
6	27000	1.615
3	13151	1.610

Price($)	Vol.	No.
1.575	2580	6
1.600	1310	3
1.610	300	1
1.615	6165	3
1.620	6350	2

Last trade - 09.44am 21/05/2024 (20 minute delay)

SLR (ASX) Chart

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