From Commsec I can only find 2 major SH (+5%) with combined holdings of approx $22m of shares. There must be a helluva lot of small holders which is probably why the current BOD are safe. Unable to get cohesion to make meaningful change. Van Eck have wrecked havoc on the SP before so dont be surprised if they do it again after this anon. Due to high costs and tiny profits, only 3 things will shift this SP and that is a sharp rise in POG, a sharp drop in the AUD/USD or a changing of the BOD. None of which looks likely in the medium term. I had lovely brown hair, when I bought EGR, which is now grey with SLR. Have been averaging down from the heady days of $3 (another clusterf@%k from the BOD) to a current 70c and if it ever gets back to 70c i'll be out like a shot. To all buying in now I hope it gets back to 70c so you all make a fortune. You'll be the first SH to make more than the management.
SLR Price at posting:
35.5¢ Sentiment: None Disclosure: Held
