I am actually confused why the company went for the CR. It served up a lot more pain for holders and strengthened the position of the shorters. Is the explanation that we have to develop the BAM factory because we have limited markets for the raw product. Cannot see why they would not have consolidated the Balama operation and production before galloping into BAM and being forced into a low level CR, unless we had some undisclosed market problems. Just getting pretty disillusioned with this investment.
Ann: Change in substantial holding, page-8
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Last
35.5¢ |
Change
-0.010(2.74%) |
Mkt cap ! $367.3M | |||
| Open | High | Low | Value | Volume |
| 35.5¢ | 37.0¢ | 35.0¢ | $2.274M | 6.355M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 189831 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 53310 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| SYR (ASX) Chart |