That massive aftermarket trade was IMO (only) a large holder very unhappy with the merger selling their entire position off-market after contacting board and understanding that the merger will likely proceed and hence selling down but a off market transaction was arrange to prevent a short term SP collapse.
Will it pass: well on the SLR end, the board have gifted themselves so many free performance (cough, laugh, cry zero divvies ever hopeless SP performance!) that most understand this board is here to stay and why i eventually gave up my stake in SLR (as i was a fool to think they might improve or take there head out of the trough to breathe for a little!)
Gold is really hot atm, imagine our SP if we never caught the SLR super-bug and stayed healthy and parasite free.. yes plough creaming it indeed at $1830.
At what price would SLR pay divvies.. answer.. i dont think this board has it in it's innards to give back a cent to Joe public, just the continiously hefty wage and obsesely generously sicklee freebie share packages.
Should of bought physical so i couldn't get screwed by the ASX (again)
DRM Price at posting:
35.0¢ Sentiment: Hold Disclosure: Held