There is an egm on 20th Feb to approve another 50m placement (already collected) @ .07c. My thoughts are that someone is trying to bouy the price to make placement palatable.
I hold a small position having already sold last acceptance of placement, but wouldn't recommend this stock to anyone at this stage, and won't be adding in the near future, at least.
SYG
synergy equities group limited
There is an egm on 20th Feb to approve another 50m placement...
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