The SYA shares are already very diluted. Even if the mine starts, the gain may not be that meaningful for those bought at 0.12 previously. The mine will save jobs or create jobs but shareholders are screwed. Look at Alliance mineral. Before mine operates it rose from $0.2 to $0.45, ex CEO said it could be $1 when they start delivering the lithium. Now, they are delivering and getting paid. The SP sank to $0.15. Shareholders got screwed.
SYA Chart 2.0, page-586
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Last
3.2¢ |
Change
0.002(6.67%) |
Mkt cap ! $329.3M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.2¢ | 3.0¢ | $604.3K | 19.39M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 1767950 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 7754377 | 25 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| SYA (ASX) Chart |