Sure@Dylan2, but it isn't pretty. As is happens I spent a bit of time reading through some of the recent posts on the SYA boards last night. Very interesting. I am very much in the camp that management cocked this up, and shareholders have every right to be angry and annoyed about that, AND voice their displeasure on public forums like HotCopper. Management collect a very good wage to deliver on behalf of shareholder's best interest in good faith, and they have completely failed to do that - the proof currently is in the pudding. I think they have a fair way to go now to regain investor faith, and personally think they should lead by example and pour in substantial amounts of their own money as a mark of their intent, and as a measure to reinstate some investor confidence. Alan Buckler did it recently at AJM, and it was very positive. SYA ain't no AJM though.
The chart. Well, I've been howled down a few times by people who turned out to be completely wrong - most recently when it was about 1.7c and I suggested that based on the chart it would almost certainly go to 1c. 1c was the complete 100% retrace from when the charge started in mid October 2017. Obviously, we now sit below that due to where the company finds itself in BAPE. As it stands, 0.8c is proving to be a solid base, for now. It's one of the few positives I can give you. The 20 day MA is 0.9c, the 50 day MA is 1.1c. 200 day MA - 1.9c. The RSI is rockbottom at 30, and the MACD is also low. I think it pretty much speaks for itself.
Management have committed to pursuing this course of action - it's time to get it right.
SYA Chart 2.0, page-591
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Last
2.7¢ |
Change
0.001(3.85%) |
Mkt cap ! $277.9M |
Open | High | Low | Value | Volume |
2.7¢ | 2.8¢ | 2.6¢ | $373.5K | 13.94M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 304708 | 2.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.8¢ | 6844913 | 26 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 159964 | 0.027 |
52 | 10800166 | 0.026 |
65 | 9858927 | 0.025 |
48 | 10259194 | 0.024 |
29 | 8248780 | 0.023 |
Price($) | Vol. | No. |
---|---|---|
0.028 | 6844913 | 26 |
0.029 | 6801833 | 27 |
0.030 | 8232621 | 47 |
0.031 | 2174886 | 14 |
0.032 | 4434966 | 16 |
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