Someone is interested to throw 150k at .005 in a placement. Interestingly over the past momth there have been some more buyers entering plus going on the buy side. So buy sell is .002 vs .003 and 150k $ is thrown at this at .005. Plus this company has been surviving off a director loan for a long time so a change to a placement at a premium suggests somthing might happen here with someone willing to pay a premium and get set with a chunk.
SYS have been working on trying to get this hydro plant up amd running in Indonesia for a long time. That project i believe has been very hard to get going with Indonesian government makimg it very dificult with giving them a decent margin on selling electricity into the grid generated from a hydro plant. This may turn into a very good shell with a very low EV and and this placement at a premium could be those getting set for some moves. I have over time built a big position here through a few entities. A low cap punt.
SYS Price at posting:
0.3¢ Sentiment: Buy Disclosure: Held
