I am thinking long term.
I am thinking of my investment at 20c now at 2c.
I am thinking of if this business will dilute my holding more
I am thinking of if this business will even be around during the price spike you anticipate.
It requires cash management, not just operating for the sake of operating and certainly not selling our good resources at a loss.
They always touted SYA as a producing mine with zero debt. A capital raise and C&M is still looking like the better option 6+ months ago.
I guess time will tell if I am wrong. But if you preserved ur cash and your asset you can certainly turn it back on again during the good times.... You cant do that in the future if your under admin.
I am thinking long term.I am thinking of my investment at 20c...
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Last
3.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $360.2M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 3.6¢ | 3.4¢ | $716.1K | 20.41M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 8111041 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 12582608 | 29 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| SYA (ASX) Chart |