I think SYA is a very attractive takeover target to many parties, strategically located and currently at a depressed valuation due to totally correctable missteps.
Very few acquisition targets that could be taken over at a 50% premium to last traded and then have a 100% plus upside just by installing competent management. If RIO took them the basket of assets would be worth 1.5 to 2 billion.
I think SYA is a very attractive takeover target to many...
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Last
3.2¢ |
Change
-0.002(5.88%) |
Mkt cap ! $329.3M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.4¢ | 3.2¢ | $856.6K | 25.87M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 45 | 7385050 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 743714 | 3 |
View Market Depth
| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| SYA (ASX) Chart |