Hi Footsie. I wasn't short and I'm not happy that some may have lost money on paper today.
I was only replying to insults and incessant ramping of $10 - $15 within 12 months and the next CSL comments from a few - not all. SLA still has performed very well of late but just a few need to pull their heads in when it comes to their excitement IMO as the group follows their speil and in the end, individuals get burnt.
I did not think she would reverse quite as nastily as she has so quickly this morning but I remained negative after the presentation as IMO, it was a prelude to dilution. At what price is the key, and will any serious soph or boutique fund look at her at 70 odd cents - not IMO.
Hopefully she'll come good but for the sake of all, it is best that we try to keep it real.
If someone posts that they are hoping she may get to 80c next week, I don't care but when a contrary opinion to wildly outlandish optimism becomes pesronalised and even demonised, the group thinking, the plural we, is normally out of kilter.
SLA Price at posting:
49.8¢ Sentiment: None Disclosure: Not Held