SLR
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0.00% $1.57 silver lake resources limited

lack of confidence, page-4

  1. baakie
    148 Posts.
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    21/05/14
    15:32
    Post #: 13395930
    Let's say a potential takeover bid is current price +40%. That means 0.39 + 0.156 = $ 0.546. That would be a steal, and even 10% below the latest share issue for sophisticated investors at 0.60. So then the offer needed to be increased to at least 0.60 to get everyone on board.
    That is your very very maximum SLR shareprice in my opinion.
    SLR Price at posting: 38.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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