SLX 1.66% $4.75 silex systems limited

Yes I have had that opinion for along time now. When s@$t hit...

  1. 1,113 Posts.
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    Yes I have had that opinion for along time now. When s@$t hit the fan all those years ago, and GE was in financial difficulty it was essential to divest the company of as many liabilities as possible. GLE was a liability. They had sunk many millions into the program but it required more and there no foreseeable return on their investment for greater than a decade. The ship was in danger of going down and they threw every piece of ballast over board to save it, it made perfect business sense. We were lucky to receive the funds that we did, when we did and then the opportunity to buy GLE as part of the "worlds best business deal", for us. Now the market is turning and we are in the box seat, MG has done an excellent job getting us to this point with all the problems and market gyrations thrown at Silex, we are not only still standing but about to experience a very successful period for the company. This is my favourite stock.
 
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Last
$4.75
Change
-0.080(1.66%)
Mkt cap ! $1.124B
Open High Low Value Volume
$4.85 $4.93 $4.75 $1.260M 261.8K

Buyers (Bids)

No. Vol. Price($)
5 2493 $4.74
 

Sellers (Offers)

Price($) Vol. No.
$4.77 308 1
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Last trade - 16.10pm 25/04/2024 (20 minute delay) ?
Last
$4.77
  Change
-0.080 ( 1.24 %)
Open High Low Volume
$4.86 $4.93 $4.75 60248
Last updated 15.59pm 25/04/2024 ?
SLX (ASX) Chart
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