SLT 0.00% 0.7¢ select exploration limited

how many more to be sold??

  1. 15,276 Posts.
    lightbulb Created with Sketch. 45
    Two scenarios...

    1. It is one guy selling in the 42-44 range...and I would suspect that he couldn't have too many shares left to off-load.

    2. Could be several of the larger shareholders simply halving their holdings...given that the price has double from the 20c listing price, it would be a sensible thing to do! (I would, as the rest would be free!)

    Either way, the seller/s WILL eventually run out of shares!

    So far 17.2m shares have changed hands since the re-listing and the majority of those were traded in the 40's. So, with only 24m shares on issue and only 21m available for trading...well...do your own sums!

    Cheers!

 
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