I'm considering two possibilities. The first I hope is the right one. A possible partner that wants to have a stock holding in the company. One with customer potential that wants a firm position within the company. I believe this is likely because SYA really isn't cash strapped.
The second is that a "fundie" sees a chance to buy cheap and dump early for a small profit. I doubt this is the case. This senario usually is associated with a "speccie" trying to stay afloat.
All will be revealed in the next 24 hours.
I'm considering two possibilities. The first I hope is the right...
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Last
3.8¢ |
Change
0.003(8.57%) |
Mkt cap ! $391.1M | |||
| Open | High | Low | Value | Volume |
| 3.6¢ | 3.9¢ | 3.6¢ | $2.282M | 61.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 62 | 8227954 | 3.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.8¢ | 1431220 | 8 |
View Market Depth
| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| SYA (ASX) Chart |