SLT 0.00% 0.7¢ select exploration limited

predictions

  1. 298 Posts.
    I can only explain the recent market activity as follows:

    1. Short term traders who jumped in on rumours of quick returns are now somewhat disillusioned by lack of activity and short term (lack of) potential in the stock.

    2. Insufficient long term investor interest in the stock as it is still early stages.

    My prediction would be that within the next few months the recently announced deal will be "sealed" and further agreements will be announced - and sealed. SLT will have demonstrated their ability to commercialise their diagnstic kits. Deals that clearly support SLT market cap of over $100m. After some roadshows and press coverage, longer term holders will soak up the short-term traders holdings and choke the supply.

    Then and only then IMO will the fun begin.

    Meanwhile, I cannot see the price moving very far in either direction.
 
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