Interested to hear everyone's thoughts.
I'm a definite for the hostile takeover camp.
Reasons are
Large resource and getting bigger
ESG compliant
Government partners
Partially constructed converter
$300 million cash in bank
$60 to $90 million increase per month in cash position
No debt
56% retail shareholders, so no institutional blocking
Historic low share price
Sitting Takeover Duck
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Last
3.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $319.0M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.3¢ | 3.1¢ | $657.2K | 20.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 4663949 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 2145533 | 6 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| SYA (ASX) Chart |