SLT 0.00% 0.7¢ select exploration limited

technicals, page-10

  1. 7,409 Posts.
    Hi Blackoil,

    I don't think you are the only one worried about the "products". If all is to be believed then SLT should be trading a bit higher than it is now.

    Saying all that, bios have been hit hard, but interestingly all the bios I have followed are still well up on their 52 week lows. This tells me that the bios overshot the mark significantly and now are tracking back to fair value. I guess Frosty was savvy enough to see this himself when he sold his shares. Whether a director should be able to freely trade his own shares like a daytrader is another argument all together. I personally don't have a problem with it, as long as its not insider trading.

    Cheers
 
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