You make a good point supertramp, if ANZ had 1/2 the companies shares and they mainly belonged to the directors and scientist the company could have folded so easily. That being the case why where people paying 28-31c? Reason was that the company continued to look promising and somebody was buying up big. Investors had confidence but still with no announcements people could have panicked. Ask yourself with all this does 47c which is now the share price is it cheap or expensive. ANZ have gone and those announcements are coming. Somebody (could have been a few people) spent millions to buy back all those shares and posters here have suspicions who they where bought for. I would think there are a lot of happy very happy people with what's happening and next week and the weeks to come will show us just where SLA will end up. I believe it'll be a very good story for us all. Everybody should do some research and come up with there own conclusion. People can argue about lack of info from management over the last few months so it's up to you to come up with your own conclusion on why that was.
SLA Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)