Its an interesting predicament the shared management of 1MC/SYA find themselves in again. The debt induced sell at any price mantra of AJM hurt the sector while they were still in production. Now SYA is coming online at a time when prices are softer against a backdrop of a terrible deal with PLL, how do you sell at spot when the market knows they can drill you on price and you will take it?
SYA holders will remain confused in a year from now when after all the production and sales they still run at a loss due to poor management.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
1.6¢ |
Change
0.001(6.67%) |
Mkt cap ! $5.894M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.6¢ | 1.5¢ | $2.747K | 171.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 417441 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 1039035 | 6 |
View Market Depth
| Last trade - 16.10pm 01/08/2025 (20 minute delay) ? |
| 1MC (ASX) Chart |