I think main downward pressure today was people selling SLC to buy BGL. At 1.04 effectively getting SLC @ $2.80 if you play the patience game and willing to risk deal not proceeding.
Risk looks relatively minor given Placement etc. If competitive bid its a positive with BGL as well.
Placement very well supported. Think SLC will hold $3 easy and probably resume northward service once opportune switching finishes.
Ann: Completion of Capital Raising-SLC.AX, page-9
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Last
$2.20 |
Change
0.080(3.77%) |
Mkt cap ! $897.5M | |||
| Open | High | Low | Value | Volume |
| $2.12 | $2.20 | $2.11 | $1.642M | 757.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7090 | $2.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.20 | 42734 | 7 |
View Market Depth
| Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
| SLC (ASX) Chart |
