It begs the question why are MC is so low relative to peers.
Has Sigma signed an offtake? Has PLS got better grades?
Some of these could be the reasons.
But the most likely is that one or a few large instos are keeping this suppressed for ease profit return on churn.
Large SoI and big number of retail holders = milk for hedge funds et al.
The light at the end of the tunnel is it can only be surpressed for so long before it becomes too costly to try and maintain it.
It might be after offtake (if its a good deal), it might be after first shipment. It might be after money hits the bank, but it will come.
The machine is now churning money. NOW WE PLAY THE WAITING GAME
General Discussion Topics, page-95961
-
- There are more pages in this discussion • 45,334 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SYA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.3¢ |
Change
0.001(3.13%) |
Mkt cap ! $339.6M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.4¢ | 3.2¢ | $723.3K | 21.93M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 182 | 43325841 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 2030189 | 8 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| SYA (ASX) Chart |