I agree re Verner receiving options ok - very ordinary but that's how the corporate world is.
Importantly what it tells me is:
1. Unless it's a decoy the sp wont be down to a pittance for an opportunistic takeout as some have suggested.
2. He will be making sure the sp is above the options offer to take full advantage to cash in - again. COULD BE IN THE FORM OF A TAKEOVER AS THE DEMAND PRICE EQUATION - NO PRODUCTION - well it is not sp positive stuff is it.
Now this price is very inferior to many but it is what it is and it aint going spectacularly north until the price of graphite fines increases and opex declines considerably and demand for graphite rises a whole lot and they secure profitable binding off take agreements prior to resumption of operations or it's pointless to fire up again to sell below cost. It's why I am adamant they should shut it down
indefinitely - cut costs to the bone - because none of this appears set to happen any time soon.
- Forums
- ASX - By Stock
- Ann: Notice of Annual General Meeting/Proxy Form
I agree re Verner receiving options ok - very ordinary but...
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SYR (ASX) to my watchlist
(20min delay)
|
|||||
Last
22.0¢ |
Change
-0.005(2.22%) |
Mkt cap ! $227.6M |
Open | High | Low | Value | Volume |
22.0¢ | 23.3¢ | 21.5¢ | $638.1K | 2.853M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 64122 | 22.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.5¢ | 11500 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 64122 | 0.220 |
4 | 110501 | 0.215 |
8 | 235309 | 0.210 |
13 | 332135 | 0.205 |
28 | 1263689 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.225 | 11500 | 2 |
0.230 | 194425 | 12 |
0.235 | 168466 | 6 |
0.240 | 282470 | 7 |
0.245 | 279399 | 7 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
Featured News
SYR (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online