I disagree - Aust. Super has a convertible note of US$55 million with a issue price of $1.00. If someone offers over this for Syrah then they will be more than happy to sell up and get out. Most likely though they would want $1.20 or a little bit more.
Seeking Alpha article, page-9
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Last
22.3¢ |
Change
0.003(1.14%) |
Mkt cap ! $225.0M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.5¢ | 21.5¢ | $281.5K | 1.279M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 276466 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 47540 | 8 |
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| Last trade - 14.46pm 18/09/2024 (20 minute delay) ? |
| SYR (ASX) Chart |