Re Sla - the managment are use to having no cash and have had endless ASX queries in relation to this over the past 5 years. It is surprising that they have made it this far on such a shoe string of cash. VCR is in the same boat (except VCR concerns me giving that one of the director has been on-board two recent suspended companies, and staff under her didn't think she had a clue and wondered what she was doing as a director) however in SLA the Contributing shares have been a great way of making sure that cash isn't burnt to fast or unnecessarily over the past 3 years. I think the lastest ann. of adding a free 20c option will get the cashflow required as i wasn't going to take up the previous offer - however now i am willing to put the $1000 in to get additional shares.
good luck to SLA as it faces yet another hurdle - ultimately society and my back pocket will be worse off in the future without it. lol
SLA Price at posting:
18.5¢ Sentiment: None Disclosure: Held
