For the foreseeable future NAL is the only project of relevance for both PLL and SYA and would be better off merging IMO, combine their cash and have a single entity with 100% ownership of NAL, two OTA's , no debt plus other assets that are years away from any meaningfull contribution anyway if developed or mothballed or sold.
That simplifies decision making, cuts out a layer of management and either buys a little more time for things to turn or go into C&M with more cash on hand and better position to restart.
There is no perfect solution its more a matter of making the best out of the only asset of any relevance , both companies are dependent on NAL and it makes little sense to remain a complicated and divided arrangement . It doesn't change the immediate outlook but does give options.
Cheers Whisky
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Last
3.3¢ |
Change
0.002(6.45%) |
Mkt cap ! $324.2M |
Open | High | Low | Value | Volume |
3.2¢ | 3.4¢ | 3.1¢ | $854.3K | 26.37M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
27 | 5623816 | 3.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.3¢ | 739398 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 104480 | 0.033 |
26 | 5605917 | 0.032 |
22 | 8771081 | 0.031 |
93 | 23200896 | 0.030 |
35 | 9904122 | 0.029 |
Price($) | Vol. | No. |
---|---|---|
0.034 | 17959683 | 32 |
0.035 | 12132832 | 38 |
0.036 | 7072819 | 36 |
0.037 | 10790478 | 47 |
0.038 | 9538257 | 33 |
Last trade - 13.03pm 12/11/2024 (20 minute delay) ? |
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