Might be some clause in any loan agreement/offttake agreement that the Co needs to have a guaranteed buffer of liquidity. I don’t know - but there’s a huge amt of shorts that will need to be covered - and a CR enables them to “get out of jail free”.
Like I said hopefully not - but I’m sceptical.
DYOR IMO
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Last
39.0¢ |
Change
-0.040(9.30%) |
Mkt cap ! $406.4M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 44.5¢ | 39.0¢ | $7.465M | 17.99M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 55824 | 38.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.0¢ | 331405 | 1 |
View Market Depth
| Last trade - 16.10pm 22/07/2025 (20 minute delay) ? |
| SYR (ASX) Chart |