SLA 1.12% $4.50 silk laser australia limited

"The Rights Issue will not be underwritten but Directors will...

  1. 974 Posts.
    lightbulb Created with Sketch. 35
    "The Rights Issue will not be underwritten but Directors will retain the right to place any shortfall."

    Great post trent26

    It'll be a nice way of perhaps grabbing a few million shares at 30c with 10c upfront.
    What would happen if they tried buying a few million shares on market, lol.
    The price will spike so this is a way of getting a nice parcel of shares for a great price.
    They'll give us something this week but as nicholls5 has mentioned it'll probably be lower than expected volume orders for Ropren.
    The true believers will see that as a good start but others will say what the and sell!
    I'm of the belief if Ropren is being sold and it works then it's only a matter of time before SLA takes of.
    Then again SLA might surprise us and the share price could be 50c by Friday with a great announcement we just don't know.
 
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