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!
25c is lunacy as there is about 35c per share in cash with soon...
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Last
$5.12 |
Change
0.050(0.99%) |
Mkt cap ! $1.212B | |||
| Open | High | Low | Value | Volume |
| $5.05 | $5.12 | $4.90 | $1.874M | 373.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2313 | $5.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.13 | 1044 | 1 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| SLX (ASX) Chart |