SVY stavely minerals limited

Ann: Trading Halt, page-8

  1. 3,174 Posts.
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    Sorry, don't hold but to announce a capex in the last week of tax loss selling beggars disbelief. These donkeys would have been aware a month ago that they needed cash and a month ago SVY was trading at 17.5c. So on May 30th the capex if announced could have taken place at say 20% discount to 17.5c or 14c. All I can put it down to is that no major shareholder was interested at 17.5c and have indicated that they would only participate at much lower prices. I would be interested to know whether any other company has ever raised in the last week of tax selling before? Smells of desperation!
 
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(20min delay)
Last
1.7¢
Change
0.000(0.00%)
Mkt cap ! $9.248M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
4 1044545 1.7¢
 

Sellers (Offers)

Price($) Vol. No.
1.9¢ 299769 1
View Market Depth
Last trade - 16.21pm 25/07/2025 (20 minute delay) ?
SVY (ASX) Chart
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