SB’s statistics are very encouraging for a possible boom on Monday but yes I agree with your comment regarding shorts but more so worried that it will be in Acuity’s best interests to keep a lid on the SP for them to acquire as many shares as they can especially if SYA are going to need the $200m near term for a new recessing plant ie if the SP runs to $1 per share Acuity get 200m share holding versus 1billion shares at 20c per share. Happy to be corrected and Monday will be telling, announcement quoted not price sensitive so just gunna wait and see sitting on the fence on this one for me.
Ann: At-The-Market (ATM) Extension and Increase, page-17
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Last
3.4¢ |
Change
0.001(3.03%) |
Mkt cap ! $349.9M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.4¢ | 3.3¢ | $212.5K | 6.353M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 68 | 9689496 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 12409635 | 23 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| SYA (ASX) Chart |