There is obviously a large overhang of stock, that is working its way through a satiated market, which is depressing the SP. But that overhang is going to be gone by this time next week, and eventually the market will recognise the fact that we have fundamentally better prospects today, than we had at over $5ps a week ago.
Ultimately, this was always a stock for patient investors, our recent tear has seen us pick up quite a few fickle speculators on our share register recently, hopefully the recent SP fall shakes them out.
Share price, page-533
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Last
$5.28 |
Change
0.340(6.88%) |
Mkt cap ! $1.253B | |||
| Open | High | Low | Value | Volume |
| $5.14 | $5.31 | $5.06 | $3.991M | 769.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 4156 | $5.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.28 | 4212 | 17 |
View Market Depth
| Last trade - 14.13pm 11/07/2024 (20 minute delay) ? |
| SLX (ASX) Chart |