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
Might be some clause in any loan agreement/offttake agreement...
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Last
26.0¢ |
Change
0.005(1.96%) |
Mkt cap ! $270.9M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 27.3¢ | 25.5¢ | $634.3K | 2.391M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 379430 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 40672 | 5 |
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| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| SYR (ASX) Chart |