We definitely need an Ann. I thought before the EGM it may have come, but could be still during the day, tonight or tomorrow. Seen it many times happen like this.
Just on a chart basis, i have seen so many shares hit a resistance around here, re-rate a bit and 1 of 2 things can happen....
1. it will stay around 14-15 without an ann.
2. it will go and settle in the 21-23 range if we have a top ann...
IMO - since the share price has not really escalated to such highs that news has already been absorbed into the SP....with what SYA have (money, NAL etc, I believe the the MC is about right now.
Once the SPP is also finalised (cant wait) a base in the mid 20's will be what we should be expecting IMO - could be end of month, could be next month. But a catalyst in the form of an Ann. is definitely required. Could be TH or maybe not even, as we all know there is a strong of ann. to come.
GLTAH
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Last
2.8¢ |
Change
0.001(3.70%) |
Mkt cap ! $288.2M | |||
| Open | High | Low | Value | Volume |
| 2.8¢ | 2.9¢ | 2.7¢ | $418.0K | 14.83M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1358885 | 2.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 4538399 | 12 |
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| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| SYA (ASX) Chart |