SLA - Hit it's bottom I think!!!

[littletee]

Hi Guys,

Haven't been here for a while but I hope you are all fine!

I've been accumulating these at 16/16.5c over the last couple days as I think these are at the bottom.

This is not for the faint hearted and is very high risk but I honestly think they're worth a trade at these levels and will be back at 20c shortly.

Just my opinion - Good Luck!

[littletee]

No holders or anyone interested in this one!

It is forming a great base between 15-16.5c and I personally think it is great buying at 17c!!!

Will be back to 20c shortly imho!

Good Luck All

[slam]

Don't know about this one littletee

What do they do and what's in the pipeline for them?
Got a web address for them?

(Maybe another BPO)

Good luck
Slam

[littletee]

G'day Mate,

Have a geezer at their website.

www.solagran.com

It's a good read of what they're about.

Cheers

[thekiwi]

Must admit to be a little surprised with this one.
Positive announcement our on the 19th "Further Trial Confirms Hepatoprotective Properties", with a surge in volume (300K+ shares) and a bit of price movement.
Then on the 20th it hit overdrive ... opening up at 12.5 and hitting an intraday hi of 17c, before closing back down at 12.5. Most impressive was the volume of 10M shares ... compared to previous days.

Must have been some profit taking involved sending it back, so today will be interesting.

http://home.infobahn.co.nz/images/asx/sla/20040720_daily.png

[tracker]

tk give could you drop me a line re sla??
tracker

[tracker]

hey tk still watching this one
bells have been buyers last few days and carmicheals make the depth at 12.5 I think this one might be ripe for another run,tk arco. alpha techie thoughts always welcome
tracker

[Watson]

Solagran Limited was originally listed on the Australian Stock Exchange in 1983, when it was known as Paget Mining Limited. In 1999 the Company changed its name to Travelshop Limited and in February 2003 it changed names again to Solagran Limited. The acquisition of the Solagran business was completed on 30 April 2003. Solagran Securities were re-listed by ASX on 13 August 2003.


Securities currently on issue are:


Ordinary Shares: 40,272,825


$0.20 Contributing Shares (paid to $0.01):38,538,722


Options (SLAOA) exercisable at $0.80 expiring on 30 November, 2004: 22,537,338


Unlisted Options exercisable at $0.80 expiring on 31 October, 2004: 2,868,909

TOP 20 major holders
major shareholder has 47% of fully paid ordinary shares...
others include ANZ NOMINEES....10% HOLDING
nest major holds 2%
AND OTHERS LESS SIGNIFICANT

Last quarterly report shows no customer reciepts...no revenue!!

266,000 in the bank....

Hi risk based on expectation .purely speculative and without much growth.........be careful...cheers Watson

PS Next q result must be due for release soon

[tracker]

Bells have been very actively buying the stock for the last few days, the way i see it is next stop around 15.5 (thanks alpha) if it breaks that level 18ish would sit well(thanks again alpha), then who knows
lets get to 15.5 first if at all
chart looks to be coming nicely off its lows, and apparently the stock has all the right people behind it,
also there are oppies that are coming into play fairly soon, so all in all worth a punt, BUT tight stops as alwyas
tracker

[fireflies]

Tracker,

You still in this stock?

Firefly

[tracker]

my buying was at a nice level, so yeah still in but getting mighty close to bailing very soon lol
trade well
tracker

[Burgerbun]

quote:Originally posted by littletee

No holders or anyone interested in this one!

It is forming a great base between 15-16.5c and I personally think it is great buying at 17c!!!

Will be back to 20c shortly imho!

Good Luck All



arh...where has littletease gone???
The stock halved after his call;)

Who remembers GLO....:D:D:D


easy come.....really easy go

[floyd]

anyone here still following solagran, up over 50 percent in the last week... alot of announcement due with its lead drug ropren about to get the got ahead in russia mid march.

looks like its getting a major re-rating

[Lizard]

Very decent re-rate... it's been sitting somewhere in my "in-tray" to look at for about a month - drifting slowly towards the "too hard" basket! Hope some out there are enjoying the ride.

[Costa]

I brought a some SLA's nearly a year and half ago and its good and after sitting on 0% gain for a while its good to finally see some action.

A number of announcements due out in the near future (trial results, Ropren approval etc) which may provide further momentum for the share price.

Also picked them in the ASX share comp so hopefully they keep going strong!

[Costa]

SLA broke 70cents today before pulling back to 67cents at close. Up nearly 100% in under two weeks. Will be interesting to see how the German market closes tonight (given SLA is dual listed). From the trades going through looks like a lot more traders now on the stock.

[floyd]

costa, you still holding? 1.20 tody and its not looking like stopping.... all waiting for a few announcements in the next few months

[Costa]

Yeah still holding Floyd. What a ride the past month has been! As you said the share price has risen a lot and there are still some very significant announcements due out in the next few weeks.

[Costa]

All time closing high of $1.50 today - should be an interesting week with several announcements likely. Up over 300% this year now.

[floyd]

gastro conference on wednesday in russia, details to be released after market close.... ropren rego should be very close too.