@Vodski
Ummm .... where did KP say he needed money ... like now ... because they are hard up for cash flow. Sure their cash flow has reduced and when SYQ makes those cash calls its a drain ... but for every $1 that PLL has to contribute in equity to support NAL, SYA contributes $3.
One can only hope SYA continues with their reporting of the sources/uses of cash at SYQ in the March Qtrly.
I hope your (3) is not the case.
As for (1) "Piedmont are in real need of cash quickly because they either are in serious trouble" ... cmon Vod in the words of John McEnroe ... "You can't be serious".
Your (4) is very likely unless SYA is considering Asset sell-down (so asset dilution) rather tha SP dilution.
Your (2) is ideal ... something I've suggested for a long time ... the question becomes how it happens (and there is that Shareholder Agreement governing the JV that needs to be addressed).
Should be interesting earnings call for a lot of no-holders to speculate upon.
@VodskiUmmm .... where did KP say he needed money ... like now...
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4.6¢ |
Change
0.005(12.2%) |
Mkt cap ! $473.4M | |||
| Open | High | Low | Value | Volume |
| 4.2¢ | 4.6¢ | 4.2¢ | $5.257M | 119.8M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 13 | 3240715 | 4.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 4.6¢ | 12877655 | 35 |
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| Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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Last
4.6¢ |
Change
0.005 ( 9.90 %) |
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| Open | High | Low | Volume | ||
| 4.2¢ | 4.6¢ | 4.2¢ | 50598077 | ||
| Last updated 15.59pm 14/05/2024 ? | |||||
| SYA (ASX) Chart |