It's a $hit sandwich, and we're all taking a bite. None more so than the directors. They have heaps of skin in the game and I don't care what they paid for their shares, the fact remains they have lost a lot of money by not selling at 11c.
The BAPE thing was an error in judgement. The mood on the ground was that SYA were exploiting a loophole and they didn't like it one bit. Completing the BAPE process will very likely get us over the line, at a time when hopefully the USA will need our Li for its battery factories.
IMO Mngment are straight shooters and we find ourselves caught in a perfect storm largely caused by poor lithium sentiment - and yes, some mistakes on their part.
My understanding is that Mngment will not let this fail, it simply isn't an option. They will find a way or make one.
I'm backing them in and supporting the SPP.
Our WA projects are very much on the backburner until Authier is sorted.
GLTA
It's a $hit sandwich, and we're all taking a bite. None more so...
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3.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $319.0M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.3¢ | 3.1¢ | $657.2K | 20.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 4663949 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 2145533 | 6 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| SYA (ASX) Chart |