The dilution is there whenever you do a raising. What I am more saying is that the ' Dilution ' over time and is meaningless if the Company has BIG underlying growth which drives is Market Valuation. So given we have the insight into how other Lithium ' budding ' hard rock producers are fairing in the face of not only Capital raising's but also possible share price consolidations - ie Sigma Lithium. We can see that the SP will continue to re-rate ahead of any such move as Investor's ' clamor ' over each other chasing the potential GROWTH attached to their respective stock. And we saw this phenomenon with respects to PLS as well.
So personal opinion is that due the obvious fact that the SP has demonstrated it's ability to find valuation support at these levels .....and it has done it very quickly, that it will most likely NOT give up what amounts to over HALF it Market Capitalization to a significantly undervalued GROWTH mining asset valued only at circa $350 million. So NO , I don't think or believe that it will retrace to these levels. More chance of ' Doubling ' again to 28 or 30 cents than it does in HALVING in value to 7.5 cents.
- Forums
- ASX - By Stock
- SYA
- General Discussion Topics
General Discussion Topics, page-17469
-
-
- There are more pages in this discussion • 124,429 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
MTL
Mantle Minerals' Nick Poll talks to HotCopper on finding gold grades up to 3.57g/t at Mt Berghaus
Add SYA (ASX) to my watchlist
|
|||||
Last
3.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $319.0M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 12 | 3.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.8¢ | 12897 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 12 | 0.032 |
6 | 47385 | 0.031 |
118 | 31069396 | 0.030 |
52 | 9190839 | 0.029 |
56 | 5506197 | 0.028 |
Price($) | Vol. | No. |
---|---|---|
0.028 | 12897 | 1 |
0.030 | 34501 | 2 |
0.031 | 2483152 | 12 |
0.032 | 9637894 | 33 |
0.033 | 4784484 | 24 |
Last trade - 09.37am 02/08/2024 (20 minute delay) ? |
Featured News
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
SYA (ASX) Chart |
Day chart unavailable