Australia's largest stock trading and investment forum Australia's #1 stock forum

SLR

Click for more information

0.65%

$1.54 silver lake resources limited

why bid so high, page-11

First 11 Last

Share
Profile

Follow
Rorschach88

2,902 Posts.

445

12/05/23

09:41

Post #: 67736568
Share

Originally posted by Neohamston90: ↑

1. If you want something, bid as high as possible to deter other potential bidders.
2. If there is no deal = SP bounces back because there is no change in company fundamentals.
3. If a deal = a larger table to accommodate more guests, restorable impact on the short-term balance sheet quality while very positive for company growth in the long run.

I assume some whale has been swallowing cheap SLR shares while actively short the SP; I will not be surprised to see the SP surge when the dust settles.

Expand

I'll take #2 please and thank you!
GLTAH!

SLR Price at posting: $1.06 Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 7 more messages in this thread...

First 11 Last

Add SLR (ASX) to my watchlist

(20min delay)
Last $1.54		Change -0.010(0.65%)		Mkt cap ! $1.425B

Open	High	Low	Value	Volume
$1.51	$1.55	$1.51	$1.633M	1.073M

Buyers (Bids)

No.	Vol.	Price($)
23	38890	$1.54

Sellers (Offers)

Price($)	Vol.	No.
$1.55	46820	20

View Market Depth

No.	Vol.	Price($)
28	54778	1.540
29	72937	1.535
21	68084	1.530
19	43361	1.525
16	39300	1.520

Price($)	Vol.	No.
1.545	10621	12
1.550	68207	14
1.555	56284	12
1.560	69018	15
1.565	24604	5

Last trade - 11.37am 24/05/2024 (20 minute delay)


Last $1.54			Change -0.010 ( 0.98 %)
Open	High		Low	Volume
$1.52	$1.55		$1.51	464401
Last updated 11.57am 24/05/2024 ?

SLR (ASX) Chart