Valuations going at unreal levels...with SYA under $175 m MC is truly insane...
The trademark of bear markets and at 38c the preceeding bull market was equally as insane...the day to operations haven't changed but perception has, I doubt this has any effect on the merger itself but it does raise questions about RCF's intentions to inject $69m at 3.2c and the shareholder raise at the same price...thats probably at least 3 months away and a lot can happen in that time...
Cheers Whisky
SYA Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
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