I also think they planned to drop the SP to do the CR at 18c.
I get that SP usually drops to the CR price and I can see this dropping to 18c and even a little below.
I don’t think we will see the next upswing until ~1bn shares have been traded after the allotment.
It will then take a positive announcement to take us back up into the 30s
- Moblan drill results
- Plant restart works commencing
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3.3¢ |
Change
-0.001(2.94%) |
Mkt cap ! $339.6M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 3.5¢ | 3.3¢ | $1.174M | 34.93M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 1901251 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 5629468 | 15 |
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| SYA (ASX) Chart |