when these CR are done to insto's its an easy lazy way of raising capital, they get a sweetheart deal that is essentially stealing from the SH's who have spent good money pushing the SP uphill !
the insto's also IMO are given extra confidence from managements that there will be some good ann coming out to ensure there investment will be a success & there will be a market for them to take profits.
if the CR is made to SH's it involves more work managing the offer & that is why the dumb SH's miss out big time ?
with the SPP its a smidgein of what the instos are being given so dont expect to get 30k worth of shares, better buy them at this price & get your fill. good luck all.
SYA Chart, page-937
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 (20min delay)
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Last
4.3¢ |
Change
-0.001(2.27%) |
Mkt cap ! $442.6M | |||
| Open | High | Low | Value | Volume |
| 4.4¢ | 4.5¢ | 4.2¢ | $1.954M | 45.04M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 42 | 11174804 | 4.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.4¢ | 6631986 | 19 |
View Market Depth
| Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
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Last
4.3¢ |
Change
-0.001 ( 2.71 %) |
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| Open | High | Low | Volume | ||
| 4.5¢ | 4.5¢ | 4.3¢ | 21588799 | ||
| Last updated 15.59pm 28/05/2024 ? | |||||
| SYA (ASX) Chart |