"SYA is selling its product for a loss and burning cash so there is no reason for shares to go up."
Yep an despite many other larger companies pulling back on producing...yet the BoD's here an more so this lays squarely at the feet of JB ramp up and continue burning through cash reserves to supply Spodumene to a market that is on its knees....
An some here want to call them smart businessman go figure.
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Last
2.8¢ |
Change
0.001(3.70%) |
Mkt cap ! $288.2M | |||
| Open | High | Low | Value | Volume |
| 2.7¢ | 2.8¢ | 2.5¢ | $1.262M | 47.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1565349 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.8¢ | 4608485 | 30 |
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| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| SYA (ASX) Chart |