SLX - Silex Systems
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Finally a positive announcement on the Mildura development, however 2MW is chickenfeed and the supply for 40,000 households is still years away. Still, a happier Xmas for depressed SLX holders.
Here's hoping 2012 brings some good news on isotope enrichment in the States. End of 2011 was an endless swamp of China pumping out cheap solar panels that use Australian technology. We send them the plans and the resources, and they get the manufacturing industry.
Here's hoping 2012 brings some good news on isotope enrichment in the States. End of 2011 was an endless swamp of China pumping out cheap solar panels that use Australian technology. We send them the plans and the resources, and they get the manufacturing industry.
and more delays ;-(
"Silex has now been informed that "due to the challenges of safeguarding the classified and other types of non-public information introduced into the proceeding, the NRC expects to issue its initial decision in September 2012". We expect notification of the decision shortly thereafter. "
good thing these are for my retirement... i hope
"Silex has now been informed that "due to the challenges of safeguarding the classified and other types of non-public information introduced into the proceeding, the NRC expects to issue its initial decision in September 2012". We expect notification of the decision shortly thereafter. "
good thing these are for my retirement... i hope
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SLX has now hired a full-time intellectual property lawyer to vigorously safeguard all their commercial technologies. Here's hoping this position is worth the investment.
It seems like every Xmas rolls around, this stock goes down the toilet. I'd be interested in hearing why this time around. Last year it was pretty clear with the Chinese competition. Is it because gutless Gillard is more happy to give money to coal power than to close them down? Labor's position of smothering polluters with cash is putting off the tough job of kickstarting Australia's renewable energy upgrade. Things need to happen faster.
It seems like every Xmas rolls around, this stock goes down the toilet. I'd be interested in hearing why this time around. Last year it was pretty clear with the Chinese competition. Is it because gutless Gillard is more happy to give money to coal power than to close them down? Labor's position of smothering polluters with cash is putting off the tough job of kickstarting Australia's renewable energy upgrade. Things need to happen faster.
So_Cynical
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Bought SLX for the super fund today even though i know i shouldn't be buying into this top, problem is that SLX was so cheap and SLX is a stock i have wanted for so long and i missed the last bottom due to lack of balls. 
wanted to buy it and didn't, to be honest i didn't think it could recover so fast.
Anyway the fundamentals and technology are so compelling..in today with all the available funds i had in the super fund at $2.91
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wanted to buy it and didn't, to be honest i didn't think it could recover so fast.Anyway the fundamentals and technology are so compelling..in today with all the available funds i had in the super fund at $2.91
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So_Cynical
The Contrarian Averager
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How do i do it :dunno: it doesn't happen all the time but it does happen...SLX closed up 16.55% today after the half year report didn't disappoint to much, intra day high of $3.37
ill hold for a bit more...the fundamentals and technology are still compelling.The Comsec 'robot' chartist says -
" SLX sentiment among investors has been weak, resulting in a bearish sloping 200-day moving average. More recently, the stock has fallen dramatically enough to register in the oversold region of the Stochastic Oscillator. This is positive in that it means the recent momentum is unsustainable and there could be a near-term rally. However, investors should proceed with caution as this stock is still considered to be in a downtrend."
" SLX sentiment among investors has been weak, resulting in a bearish sloping 200-day moving average. More recently, the stock has fallen dramatically enough to register in the oversold region of the Stochastic Oscillator. This is positive in that it means the recent momentum is unsustainable and there could be a near-term rally. However, investors should proceed with caution as this stock is still considered to be in a downtrend."
So_Cynical
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Yeah i got some more a couple of weeks back at $2.40 or so, shoulda just waited for the SP to get to support..i know how this works but sometimes its like i just don't believe it.
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A good recommendation indeed. Up 20% this morning on the back of good news. Falling a little bit since however.
http://energy.gov/em/articles/energ...ser-enrichment-future-operations-paducah-site
Hopefully the impetus for a slow but steady increase in the share price (long awaited)
Hopefully the impetus for a slow but steady increase in the share price (long awaited)
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Starting to regret ever buying into this company. Just how long does it take to bring a product to market? I just hope I am still alive if they ever do. Bought more at $1.50, am I a glutton for punishment?
I am most definitely a glutton for punishment
$1.22 and no sign of the bottomI am most definitely a glutton for punishment
Stock has pretty much been in a 5 year down trend, not sure why you would rush in and buy on a day the stock has lost about 18%. The 5 year chart looks very sickly.
Surely a better strategy would be actually waiting till the stock finds support, missing a few cents isn't going to really matter considering how deep you are already in, and there is a very real possibility you may get them cheaper yet.
The price action for the last month or so is a very worrying sign. Stocks don't normally lose nearly 40% in a month for no reason.
In saying that this stock now goes onto a watch list but will need to see signs of support and some sort of a bottom forming. It will be interesting to see if a reason comes to light for the latest dramatic decline.
Good advice duly noted.
I am wanting Silex board made smaller as there isn't much to be done and Silex uranium hived off so that admin overheads go away and dividends sent directly to shareholders not used as pocket money by directors
Please write to the Company Secretary asking for an EGM
Please write to the Company Secretary asking for an EGM
Company Secretary
Silex
Box 364
Sydney NSW 2001”
Requesting that an EGM be held to consider the following resolution
“That Silex Systems hive off the uranium division and set it up in a low overhead environment wherein all monies received, and the remainder of what has already been received, after administrative costs, goes to shareholders directly”
I also would appreciate an email to me advising that you have so done and to facilitate future correspondence
Silex
Box 364
Sydney NSW 2001”
Requesting that an EGM be held to consider the following resolution
“That Silex Systems hive off the uranium division and set it up in a low overhead environment wherein all monies received, and the remainder of what has already been received, after administrative costs, goes to shareholders directly”
I also would appreciate an email to me advising that you have so done and to facilitate future correspondence
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