Great post Plough, exactly how it is, would be a great company...

Great post Plough, exactly how it is, would be a great company if the management were great. But ............................, hopefully changes coming, new CFO and I have taken the risk, bought more on the hope some more management get the picture and walk.
Because asset backing as we all know, is dirt cheap at the moment!

Plough - "SLR is a value trap , great hard assets , but management are a liability that does not show up on the balance sheet , and have really dropped the ball in the last 3 years , with poor decisions .
get rid of the current lot running it (they can retire to their holiday homes at Margaret river where they all seem to enjoy fine wines ) and I will be back in if there is some new blood with fire in their bellies instead of just big egos"