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.
I think main downward pressure today was people selling SLC to...
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Last
$2.15 |
Change
0.010(0.47%) |
Mkt cap ! $897.5M | |||
| Open | High | Low | Value | Volume |
| $2.17 | $2.20 | $2.14 | $588.0K | 271.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 5289 | $2.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.16 | 13335 | 11 |
View Market Depth
| Last trade - 10.59am 25/11/2024 (20 minute delay) ? |
| SLC (ASX) Chart |
