So SGI is now valued at ~C$0.40 after CYL has backed off.
Trying to read the tea leaves here, what would motivate anyone to sell at C$0.275 overnight? Are they thinking the no vote will get up and the price will crater?
What would motivate anyone to buy knowing that the price is likely to crater if a no vote gets up? My read is that anyone buying at these levels is likely to vote yes.
Ann: Results of general meeting, page-5
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 (20min delay)
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Last
$1.16 |
Change
-0.020(1.69%) |
Mkt cap ! $257.0M | |||
| Open | High | Low | Value | Volume |
| $1.18 | $1.19 | $1.15 | $280.6K | 240.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6895 | $1.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.18 | 14743 | 2 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
$1.17 |
Change
-0.020 ( 0.43 %) |
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| Open | High | Low | Volume | ||
| $1.16 | $1.18 | $1.16 | 15673 | ||
| Last updated 15.43pm 29/05/2024 ? | |||||
| CYL (ASX) Chart |