They didnt know what the outcome of the review would be, when they own 25% of NAL through SYQ JV.
LMFAO.
It simply will not happen. At least not before March. Maybe if spot prices continue to slide. But ATM if it remains stable our opex should drop enough to be break even by June.
The C&M before end of March as part of a cost base review would see ASX & ASIC inundated from angry SYA shareholders period.
And no amount of saying it was a "desperate sale for cash" would cover up their direct interest in NAL and their access to privy information.
Ann: Ceasing to be a substantial holder from PLL, page-25
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3.4¢ |
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Mkt cap ! $349.9M | |||
| Open | High | Low | Value | Volume |
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