Yep I'd say it's just a coincidence. Buying has been very strong and sustained since the Chinalco announcement a couple of weeks back. Obviously that has gained some serious attention both local and overseas.
Based on what we know to date and using any valuation metric you want this still looks undervalued and I'm still expecting this to go a lot higher from here..
squid ink!!, page-9
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Last
29.5¢ |
Change
0.025(9.26%) |
Mkt cap ! $305.2M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 30.0¢ | 28.0¢ | $1.532M | 5.275M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 184478 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 303617 | 12 |
View Market Depth
| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| SYR (ASX) Chart |