I think SYA is a very attractive takeover target to many parties, strategically located and currently at a depressed valuation due to totally correctable missteps.
Very few acquisition targets that could be taken over at a 50% premium to last traded and then have a 100% plus upside just by installing competent management. If RIO took them the basket of assets would be worth 1.5 to 2 billion.
General Discussion Topics, page-144419
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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 | 6601216 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 739398 | 8 |
View Market Depth
| Last trade - 13.03pm 12/11/2024 (20 minute delay) ? |
| SYA (ASX) Chart |