I hope you have some idea as to what happens next?
He hasn't a clue what happens next, a change at BOD or management level guarantees nothing but change itself but is in the process of happening regardless. Activists are not necessarily right.
The shareprice is here largely because the price of concentrate has collapsed and is still doing so, next GT will claim to have the answer for that as well. There was a time at PLS when the baying mass were calling for KB head.
SYA is at the stage where future growth requires large amounts of spending and now at a time of minimal cashflow and maximum uncertainty, shorters know this which doesn't help.
Many projects will get delayed or reconsidered under these circumstances, whether that applies to the refinery at NAL or the concentrator at MOBLAN we will find out, we can't self fund these projects.
The good news is we are producing from a paid up concentrator no debt and have adequate cash.
Cheers Whisky
I hope you have some idea as to what happens next?He hasn't a...
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Last
4.5¢ |
Change
-0.001(2.17%) |
Mkt cap ! $468.3M | |||
| Open | High | Low | Value | Volume |
| 4.6¢ | 4.8¢ | 4.4¢ | $2.556M | 56.13M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 46 | 4291613 | 4.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.6¢ | 7504832 | 52 |
View Market Depth
| Last trade - 14.54pm 15/05/2024 (20 minute delay) ? |
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Last
4.6¢ |
Change
-0.001 ( 1.32 %) |
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| Open | High | Low | Volume | ||
| 4.7¢ | 4.7¢ | 4.4¢ | 52434912 | ||
| Last updated 15.15pm 15/05/2024 ? | |||||
| SYA (ASX) Chart |