I rarely post here but have held SYA for a while now.
What throws me if management think now was the optimal time to ask for a retrospective bonus they either:
A - cannot read the room at all as to retail sentiment; or
B - don't care less what retail think as they know very little can be done to stop the motions.
Either way, such a move suggests to me at least they don't have the desire to see this thing through and a sale is on the cards. The sheer dilution of share value is staggering.
To say I am extremely disappointed is an understatement.
Ann: Notice of Extraordinary General Meeting/Proxy Form, page-207
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Last
2.3¢ |
Change
-0.001(4.17%) |
Mkt cap ! $236.7M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.5¢ | 2.3¢ | $337.1K | 14.25M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 64 | 14483458 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 5943785 | 11 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| SYA (ASX) Chart |