That cash was from the sale of shares in the cap raising. They also gave free options to the buyers. If the options are in the money by Thursday, then people will no doubt convert them to new shares. The price paid to convert them to new shares becomes new funds in the bank.
Options look like they could be a lost cause now. Not a definite though. Management may pull something out of the bag ie an offtake agreement. And then there's a chance of a newsless pump by the big boys holding. But time is certainly running out.
Good Luck to Oppy Holders. I have more than a few.
Ann: Pre-Feasibility Study Progress Update, page-21
-
- There are more pages in this discussion • 43 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SYA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.4¢ |
Change
0.001(3.03%) |
Mkt cap ! $349.9M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.4¢ | 3.3¢ | $212.5K | 6.353M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 68 | 9689496 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 12409635 | 23 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| SYA (ASX) Chart |