I reckon CEOs should be buying companies while they are dirt cheap. If you strip out the overhead costs out of SLR , you could get good profits. It would have to be an agreed takeover IMO.
To give an example - total employee expenses at SLR are close to the employee expenses at RRL - which is 4 times bigger market cap than SLR.
takeover is the only way imo that shareholders will see a return.SLR glory days are finished.
SLR Price at posting:
34.0¢ Sentiment: Hold Disclosure: Held