Certainly is manipulated especially now with MUFG onboard. Looking at the trade parcels, they are in the market to surpress share price expectations before the takeover. Even with takeover price of $4.65 vs current share price, you could see how disconnected the market is. The fundamentals of SXY is stronger than ever with progressive increase in production with large cashflow, we can wait! Just always remember, in the long term, the market is a weighting machine not a popular contest.
- Forums
- ASX - By Stock
- Ann: Becoming a substantial holder from MUFG
Certainly is manipulated especially now with MUFG onboard....
Featured News
Add SXY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online