SLR 0.00% $1.57 silver lake resources limited

interested lt igr sucker, page-33

  1. 14,149 Posts.
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    nk, I have said often enough, including in the last couple of days;

    SLR is still my number 1 pick for an Australian producer.
    Voicing my opinion on the price paid did not change my LT buy sentiment and I made that clear enough I think.

    This morning I decided I have looked into it enough (before the merger I didn’t follow IGR) and the sp seems to have settled down, so I have bought back in at 2.63 and 2.64.

    I still think the upside may have been reduced on available info because of the price paid but its still attractive enough and I think management know enough that they are not telling us until the deal is completed which may provide us with a positive surprise.
    So I am back in for now.
    I am still likely to keep trading because that works better for me with this one than holding, but I do see it as a good long term investment.
    I see around 50% upside over the next 6-12 months with potential for positive surprises and POG upside to potentially push it higher.

 
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