Might be.
To me it seems essential. SYA should absolutely do this and should make a nice juicy announcement on it.
Albermarle also say product is sold ex-works, so for SYA doing auction on same terms would achieve best price plus buyer pays freight costs. The spot price we’ve all been watching is CIF China, ie delivered China so SYA likely incurs freight currently to achieve spot price.
i can only see auction as big positive for SYA.
Only marginal negative is in rising spot price and currently taking 6-8 weeks to ship the non-PLL product to China we get a higher price when it lands due to rising prices. Of course spot price can also go down.
- Forums
- ASX - By Stock
- SYA
- General Discussion Topics
General Discussion Topics, page-135082
-
-
- There are more pages in this discussion • 7,428 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SYA (ASX) to my watchlist
|
|||||
Last
2.4¢ |
Change
-0.001(4.00%) |
Mkt cap ! $247.0M |
Open | High | Low | Value | Volume |
2.5¢ | 2.6¢ | 2.4¢ | $637.1K | 25.94M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 2474228 | 2.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.5¢ | 8192223 | 27 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 2474228 | 0.024 |
25 | 6887910 | 0.023 |
23 | 5728545 | 0.022 |
23 | 5294318 | 0.021 |
46 | 6442673 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 8132424 | 25 |
0.026 | 5889213 | 17 |
0.027 | 3126173 | 17 |
0.028 | 5043509 | 15 |
0.029 | 4236439 | 19 |
Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
Featured News
SYA (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online