Doray shareholders overwhelming voted for the merger - dah .... the new SLR will be complete by the end of the first week of April. That, plus the continuing strength of the POG and SLR's ascension into the ASX300, should see new 12 month highs in the SP and 90c by FY end is not overly optimistic unless SLR pulls a dead rabbit out of its hat .... which is what a lot of SLR haters who sold out of DRM are predicting. Diggers & Dealers should be a triumph this year for SLR ..... but Cool Hand will probably deadpan it and put the audience to sleep again. It would suit SLR enthusiasts if SLR came out with an aggressive production expansion plans to increase shareholder value ..... and a dividend ??? Nah ..... Cool Hand will not risk SLRs future by giving a handout to shareholders .... strength in numbers that his motto. So, if you don't want a return but you get pride and comfort from holding a company that has strong numbers, SLR is the share for you. You could make a little income by lending your shares the shorters, who along with day traders and the BOD are the only ones who will reliably make money from SLR.
SLR Price at posting:
77.0¢ Sentiment: Hold Disclosure: Held