25c is lunacy as there is about 35c per share in cash with soon to be nearly zero cash burn (when you factor in on interest on the $55M). This doesn't even include fire sale of their assets. Worst case scenario it would get close to 50c but I don't think that will happen. The share price has been stable in the 60s range for a while now and both sellers and buyers seem to be disappearing so I can't see much pressure.
i also think that they got all the bad news out like pulling off a band-aid. I'd be more inclined to think that the next news soon will be positive.
Existing times.
i am the Iceman!
- Forums
- ASX - By Stock
- SP
25c is lunacy as there is about 35c per share in cash with soon...
-
- There are more pages in this discussion • 56 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SLX (ASX) to my watchlist
(20min delay)
|
|||||
Last
$3.49 |
Change
-0.050(1.41%) |
Mkt cap ! $833.9M |
Open | High | Low | Value | Volume |
$3.46 | $3.57 | $3.45 | $1.303M | 370.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 1222 | $3.49 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.50 | 6507 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 2670 | 3.480 |
16 | 6227 | 3.470 |
14 | 8308 | 3.460 |
11 | 12449 | 3.450 |
5 | 3378 | 3.440 |
Price($) | Vol. | No. |
---|---|---|
3.490 | 2101 | 9 |
3.500 | 5415 | 13 |
3.510 | 7206 | 14 |
3.520 | 6021 | 13 |
3.530 | 20604 | 14 |
Last trade - 14.13pm 09/09/2024 (20 minute delay) ? |
Featured News
SLX (ASX) Chart |