Well from this price action it seems that 3.7c may well and truly have been the bottom, if it heads below that it may indicate a cash raise or something. In which case ill be partaking in that as SYA is around half its total equity at this stage, so a cash raise at these prices would be an amazing opportunity to buy into a company for pretty much less than its worth, not many decent operations that can offer this kind of ratio for potential return, everything else that raises is usually in an upwards multiple of its assets.
End of Day Auction, page-9
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Last
3.2¢ |
Change
0.002(6.67%) |
Mkt cap ! $329.3M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.2¢ | 3.0¢ | $604.3K | 19.39M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 1767950 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 7754377 | 25 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| SYA (ASX) Chart |