Must admit I have always thought GE were trying to screw Silex, even more so when they withdrew from the main game. That alone should have killed it, but MG has managed to keep the idea afloat and keep Silex afloat when others would have crumbled.
Held the stock for 15 years through thick and thin, but not for some time now, and managed to get out well ahead despite some big losses in the latter term. I still have a sentimental attachment, despite my wife reminding me of my folly for many years now. How I would like to prove her wrong. However, she isn't blinded by sentimentality.
Despite my admiration for the resilience of many on here, particularly Moosey and his unfettered optimism, I just can't see this going anywhere, other than into the hands of the Yanks who yet again will have screwed an Aussie invention and claim it as their own. I have suffered this fate in other stocks of promise and innovation and it pains me to say it about this one, but all the portents are there.
What is particularly galling, is the attitude of successive Australian governments who have no qualms about selling the raw product, which can be used for developing nuclear weapons, but are unwilling to value add and sell enriched uranium where they control the process, use Australian technology and support Australian industry. Go figure.
Good luck guys.
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