Personally I've always thought that it makes more sense to exchange the offtake for a greater % ownership in SYAQ.
That way both parties don't 'own' different percentage stakes in the mining vs refining assets, thus truly aligning each parties' interests.
A commercially sensible deal could be struck imo, which helps SYA's short-term cashflow while offering enough long-term incentive for PLL to accept.
Personally I've always thought that it makes more sense to...
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Last
11.0¢ |
Change
-0.010(8.33%) |
Mkt cap ! $45.00M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 11.0¢ | $104.4K | 913.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 55 | 1830057 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 111976 | 5 |
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| Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
| PLL (ASX) Chart |