Not here to win friends, but here are the facts. Until PLL JVd with SYA, it was a dreadful penny dreadful going nowhere. I wouldn't touch it with a barge pole. Since the tie up with PLL it has gained some market credibility. Hence the significant price escalation during which SYA was able to raise capital at a higher price. SYA's price decline is symptomatic of the broader lithium market. It will recover. In the meantime SYA needs to get its concentrator up to nameplate so SYA can earn a respectable return and grow as a company. It is not all the Board's fault. This is mining.
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Last
3.4¢ |
Change
0.002(6.25%) |
Mkt cap ! $349.9M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.6¢ | 3.3¢ | $1.008M | 29.35M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 7404228 | 3.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.5¢ | 5652958 | 20 |
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| SYA (ASX) Chart |