My 2c, I reckon this NAL bid will likely to be a result of a joint venture of SYA with another bidder. If monitor and GOVT do not support the Hub theory, they would not request SYA to keep their bid open during the process. My gut feeling is, they were frustrated, Hub is a great solution but NAL is too big for SYA to take alone. Plus the price drop since 2018, they could not find another qualified bidder. Now lithium price rebounds, they reopened the bidding process to attract more bidders. SYA's NAL bid will be successful, likely to be a JV with someone else. I cannot think of a logical reason for monitor to reject SYA's proposal. You can call me a dreamer but what if? It is a gamble, but I reckon it is a good time to buy now!!!
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Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $173.1M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.6¢ | 1.4¢ | $394.0K | 26.45M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 139 | 39725897 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 5876699 | 41 |
View Market Depth
| Last trade - 16.10pm 24/06/2025 (20 minute delay) ? |
| SYA (ASX) Chart |