You are correct. The mistake I (and many others) made with AJM was to place too much emphasis on the fact that the directors had large holdings in the company. Directors holding large parcels is a good thing, but should not be the only factor on which one's decisions are based. In retrospect, we should have placed more emphasis on the balance sheet. Lesson learnt.
SYA, although not making any money or producing any product, also do not have the same debt issues that engulfed AJM. The current macro Lithium environment is also a different one to the one in which AJM was attempting to exist.
Of course, anything can happen so please DYOR.
todays chart, page-290
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Last
3.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $360.2M | |||
| Open | High | Low | Value | Volume |
| 3.6¢ | 3.7¢ | 3.5¢ | $1.006M | 28.29M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 84 | 11884683 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 6429268 | 10 |
View Market Depth
| Last trade - 16.10pm 18/06/2024 (20 minute delay) ? |
| SYA (ASX) Chart |