I attended the SLC AGM and the one thing that worried me was that the CEO seemed like he was right into all the technology but not so much into the profitability/viability of the company. They had only just appointed a new CFO who was across the issue of the squeeze on cash flow. In regard to a question about cash flow, there was not a straight forward response, which did not inspire confidence. Maybe that has had something to do with the share price fall.
This meeting was immediately followed by the Megaport AGM. The Megaport CEO, Vincent English was very soild. Would have liked to have him at the helm of SLC but as an MP1 shareholder, can't have it both ways.
Bevan was excellent.
I attended the SLC AGM and the one thing that worried me was...
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Last
$2.13 |
Change
0.110(5.45%) |
Mkt cap ! $897.5M | |||
| Open | High | Low | Value | Volume |
| $2.05 | $2.14 | $2.04 | $2.147M | 1.029M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 6413 | $2.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.13 | 13613 | 14 |
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| SLC (ASX) Chart |
