I think SP will bounce back just fine - they're going to dilute a little more and raise capital at 7.5c from existing retail shareholders (hooray!) - so the market is seeing that and discounting heavily, but I imagine we'd be talking in the order of $10-$20M more - which is still a drop in the ocean. It'll bounce back. I think we've way over-corrected now.
I think SP will bounce back just fine - they're going to dilute...
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Last
3.4¢ |
Change
0.001(3.03%) |
Mkt cap ! $349.9M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.4¢ | 3.3¢ | $212.5K | 6.353M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 68 | 9689496 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 12409635 | 23 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| SYA (ASX) Chart |