hi Kevin
I enjoy your posts thanks. I am wondering if the $2.00 SPP doesn't get taken up would not that be better anyway?. At first that news may dent the share price but after that there is buying when people realise it is going up. Or is the SPP underwritten and they get issued anyway ?
My thoughts several weeks ago were to buy at $1.80 and I am still holding funds to do so, whether it reaches that point or not is not a problem for me as I still hold all my shares I can now either buy on market at $2.00 or if it magically rises from here I can participate in the SPP.
About the lakes. IMO regardless of which company it is I think these days with enviromental issues really taking the spotlight it may hinder said company in its plans at some stage and really could come out of left field.
About SYA. You know it was only a few years ago the share price was 1 cent. At that time many people bought millions and even tens of millions of shares in SYA. I did but since sold, a friend of mine who also bought has held. With a daily average of 50 million shares it would not be hard to sell 10 million a day, however even better when/if the share price gets back up to around 40 - 50 cents they could just as easily be sold. A company with a massive number of shares on issue may seem like a bad thing but it does have great liquidity.
cheers and GLTA.
hi KevinI enjoy your posts thanks. I am wondering if the $2.00...
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Last
$1.26 |
Change
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Mkt cap ! $239.4M | |||
| Open | High | Low | Value | Volume |
| $1.28 | $1.31 | $1.25 | $897.5K | 704.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 50000 | $1.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $1.28 | 30000 | 1 |
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Change
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