I'm not worried about the loss for H1 23 to me the majority of their expenses were in investment activities which further enhance the feasibility that the company is expanding, they are producing as well and will most likely make enough money to cover any operation expenses and fund future expansions. Remember that the H1 23 report does not include any income that may have come from the JV, even if they're not getting any for this period as it may be used to fund further expansions at NAL (who knows) then this will allow a ramp up to produce at a significantly higher amount which will lead to a subsequent increase in profits. This will then be handed to SYA through the JV, so short-term loss for long-term gain, that's how to properly run a business in my opinion and exactly how shares work, your literally investing at the price above the sell price, yeah SYA is slow going but in the end, there will be a massive upside, especially at a price under 30c in the short term.
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Last
5.3¢ |
Change
0.005(10.4%) |
Mkt cap ! $545.5M |
Open | High | Low | Value | Volume |
4.9¢ | 5.6¢ | 4.8¢ | $36.50M | 691.2M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 250000 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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5.4¢ | 61908965 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 833000 | 0.052 |
6 | 204883 | 0.051 |
30 | 3533002 | 0.050 |
25 | 6452927 | 0.049 |
26 | 3281847 | 0.048 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 51000 | 2 |
0.056 | 3463048 | 14 |
0.057 | 1164342 | 4 |
0.058 | 1299800 | 7 |
0.059 | 1243947 | 8 |
Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
5.4¢ |
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Change
0.005 ( 11.6 %) |
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Open | High | Low | Volume | ||
4.9¢ | 5.6¢ | 4.8¢ | 77186782 | ||
Last updated 16.00pm 17/05/2024 ? |
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