Sorry but that needs to be addressed...
Yes PLS was 20cents some 2 years ago and then they started mining and generating income - that is the nirvana for any stock.
Until one produces income the share price will be limited to a large degree. Naturally there will be both positive and negative fluctuations in the share price in the interim but once production begins and a market for the resource is achieved.
Also, one should never lose track of the fact that SYA is burdened by a SOI of 8.68 Billion shares.
Other miners I follow such as PLS and LTR have respective SOI's of 3B and 2.2B respectively
Broad SYA-related (and Bouyant) Banter, page-50
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Last
3.2¢ |
Change
0.002(6.67%) |
Mkt cap ! $329.3M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.2¢ | 3.0¢ | $604.3K | 19.39M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 1767950 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 7754377 | 25 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| SYA (ASX) Chart |