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
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) ? |
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