Not great timing to have Verner and Aus Super selling at the same time. It’s reasonable that both could want to offload some at some point however. My query is I want to see the first loan drawdown and ASAP confirmation that the grant is coming. SYR did produce a lot from Balama in the first year but sold it all to China pretty cheap. Since then lot’s of issues getting production up and consistent. Verner needs to get some stability and cash flow from Balama in consecutive quarters to garner some confidence IMO. Maybe shorters had knowledge of the impending sales?? Still, seems value at these levels all going well. GLTA
Ann: Change in substantial holding, page-11
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Last
32.5¢ |
Change
0.010(3.17%) |
Mkt cap ! $336.3M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 33.5¢ | 31.5¢ | $1.380M | 4.243M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 126793 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 209602 | 3 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| SYR (ASX) Chart |