Baffled to see that the SYAOTC trades at close to 10% higher than the ASX trading price
The US OTC market traded at 2.7US cents equivalent to a close 4.2AU cents. Volume was also about 55% above 65days average. Still minimal from the grand scheme of things.
If only there is arbitrage opportunity..
Still crazy given that spod price moved more than USD30/t yesterday but this stock is still under short selling pressure.
Say they did a shipment to a customer beginning of March, spod price was 960 USD/t back then. Since their contracts are priced at landing, as of today a 20kt shipment is worth ~USD3m more or ~AUD4.5m straight to the kitty. And it seems spod price is still heading north from recent Albamere and PLS auction.
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Baffled to see that the SYAOTC trades at close to 10% higher...
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Last
3.4¢ |
Change
0.001(3.03%) |
Mkt cap ! $349.9M |
Open | High | Low | Value | Volume |
3.3¢ | 3.5¢ | 3.3¢ | $1.368M | 40.39M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
44 | 13154629 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.4¢ | 636953 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
43 | 12854629 | 0.033 |
181 | 44374372 | 0.032 |
70 | 23528083 | 0.031 |
110 | 17095660 | 0.030 |
29 | 7991894 | 0.029 |
Price($) | Vol. | No. |
---|---|---|
0.034 | 636953 | 2 |
0.035 | 11421455 | 38 |
0.036 | 3468320 | 18 |
0.037 | 4360014 | 20 |
0.038 | 3770246 | 19 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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SYA (ASX) Chart |