Maybe because it’s already 4 bags since 1c like three weeks ago - 4 bags in 3 weeks means it is not at all out of the question it could be 10 bags by the end of the year. The volume lately and rise shows a genuine re-rate. After the price stabilized with a few sellers and shaky holders with the issue, then this could keep going North.
What I said is literally what you said anyway, with updated pfs and dfs on its way plus the other recent good news, it can keep heading north - don’t know why you’re giving my comment such negativity - I may have been brief and didnt establish all my groundings, but the same principle goes.
Maybe because it’s already 4 bags since 1c like three weeks ago...
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Last
2.5¢ |
Change
-0.001(3.85%) |
Mkt cap ! $257.3M | |||
| Open | High | Low | Value | Volume |
| 2.6¢ | 2.7¢ | 2.4¢ | $628.0K | 24.67M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 6637622 | 2.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.5¢ | 2128940 | 6 |
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| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| SYA (ASX) Chart |