What I find really interesting in all this folks. And for those who do follow the overseas markets including the ' over the counter ' ones. To illustrate this I will reference a comparison of GXY's ( GALXF ) loverseas listing versus our own SYA counterpart in ( DMXSF ) For weeks now you had this dichotomy of sorts playing out with respect to the GALXF'S whereby they were clearly pointing to a lower equivalent price value in the Australian markets. However this never eventuated .......well at least not until today . I was going to actually post the fact I thought that GXY would open at $2.39 or below. So finally it does. Is is because we all now appear to stand up and pay attention to the lead from Wall Street and these markets - and the rest of the time we just say - huh - oh well then. So it takes a fall of this magnitude to re-value back to par ALL globally listed securities.
What then of SYA where it closed at the previous days price of .025 ( equivalent to .033 - .034 ) ....on absolutely no traded volumes !! What do we make of this folk's. Did no one want to sell as a result of this rather large fall in the DOW. Or a we providing the lead for them - or indeed are they providing the signals to lead us - back to at the very least the 3.2 cent level. Ladies and Gentlemen , I rest my case and declare that there in lies the present trade IMO. Good Luck to you all......and of course myself too...![]()
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Last
3.4¢ |
Change
0.001(3.03%) |
Mkt cap ! $349.9M |
Open | High | Low | Value | Volume |
3.3¢ | 3.5¢ | 3.3¢ | $1.368M | 40.39M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
44 | 13154629 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.4¢ | 636953 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
36 | 10435922 | 0.033 |
173 | 43638747 | 0.032 |
62 | 11474584 | 0.031 |
106 | 16698994 | 0.030 |
27 | 7798446 | 0.029 |
Price($) | Vol. | No. |
---|---|---|
0.034 | 336953 | 1 |
0.035 | 10313721 | 31 |
0.036 | 3105996 | 17 |
0.037 | 4025613 | 18 |
0.038 | 3740396 | 17 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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SYA (ASX) Chart |