One way to test it would be to see what the directors have been doing.
31 May 2018
Allan Buckler $100,000 c 1.96m shares purchased
Paul Crawford $78,504 c 1.54m shares purchased
James Brown $7,068 c 138k shares purchased
Says it all really doesn't it?
Plus, on 18 April SYA completed an over subscribed capital raise for $11.18m and further raised $1.15m through the renounceable share offer. So SYA is now fully funded for the upcoming resource upgrades and hydroxide extension test program.
With $12.3m in the bank I think SYA has a pretty good runway ahead to get closer to production and generate returns for shareholders.
One way to test it would be to see what the directors have been...
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Last
5.3¢ |
Change
0.005(10.4%) |
Mkt cap ! $545.5M | |||
| Open | High | Low | Value | Volume |
| 4.9¢ | 5.6¢ | 4.8¢ | $36.50M | 691.2M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 250000 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.4¢ | 61908965 | 9 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
5.4¢ |
Change
0.005 ( 11.6 %) |
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| Open | High | Low | Volume | ||
| 4.9¢ | 5.6¢ | 4.8¢ | 77186782 | ||
| Last updated 16.00pm 17/05/2024 ? | |||||
| SYA (ASX) Chart |