Pumpers expect a market sensitive announcement to be withheld over the weekend even though market sensitive makes it material and requires reporting as soon as available. To withhold the information to only a select few poses a greater risk of insider trading. Surely common sense....
Timing is everything with regards to business decisions ie deciding on the right price to buy a plant at or when to sign offtake. The right timing of a market sensitive announcement means nothing other than to appease a small portion of shareholders.
All IMO anyway.
There we go though, is NAL alone justifiably 2.2B market cap. Without even factoring in Moblan.
Time will tell but again IMO SYA under the radar atm. Not a lot of producers in North America bodes well!
Ann: DFS Confirms NAL Value With A$2.2B NPV, page-21
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Last
3.3¢ |
Change
-0.002(5.71%) |
Mkt cap ! $339.6M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 3.6¢ | 3.3¢ | $1.707M | 49.50M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 41 | 9042151 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 1735970 | 10 |
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| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| SYA (ASX) Chart |