Is brownie is so smart why hasn't he addressed the shareholders
What part of the quarterly, strategic review and upcoming AGM not about addressing shareholders.Try reading them and using your imagination a little you might be supprised. There is no update will satisfy those who have made up their mind already so why bother.
Anyone who expects more information regarding proceedings around the refinery is likely to be disappointed, when there is something material to say you will be informed in the meantime things will be proceeding untill something is agreed or signed off on and you cant put a time on that.
The general trend on internet traders chatsite is believe what anonymous "guru's " post and don't believe what those who actually run the Company say, when you have reached that level of cynicism its time to put your money under the mattress...you only have house fires and burglars to worry about then.
That's not to say "guru's " can't prove to be right over time but the same applies to those who run the Company, but what we do know is they have increased the shareprice from 1c to 8c in recent years despite the dilution required and there is no obvious reason that long-term trend can't continue assuming the long-term trend in concentrate prices continues .
The current BOD has put the company in a sound financial position which is their main responsibility , like them or not, I wouldn't like to be sitting on $20-30m in cash at the moment, that would require a strengthening of the balance sheet now.
The MC/ shareprice is certainly not helped by current board and CEO changes but largely reflects forward profit expectations this FY IMO which range from very little to not a lot unless concentrate price turn and rise on a consistent basis, no amount of addressing shareholders will change that for more than a brief moment.
You can have your say by voting or attending the AGM ...
Cheers Whisky
- Forums
- ASX - By Stock
- SYA
- VOTE NO AGM 2023 RESOLUTION 1-5...... NO
VOTE NO AGM 2023 RESOLUTION 1-5...... NO, page-867
-
- There are more pages in this discussion • 804 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SYA (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.3¢ |
Change
-0.001(2.94%) |
Mkt cap ! $339.6M |
Open | High | Low | Value | Volume |
3.5¢ | 3.5¢ | 3.3¢ | $1.174M | 34.93M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
21 | 1901251 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.4¢ | 5629468 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 1429373 | 0.033 |
51 | 9717020 | 0.032 |
30 | 9597506 | 0.031 |
61 | 10178798 | 0.030 |
45 | 7023480 | 0.029 |
Price($) | Vol. | No. |
---|---|---|
0.034 | 5562802 | 14 |
0.035 | 9295236 | 19 |
0.036 | 11731593 | 30 |
0.037 | 10632447 | 34 |
0.038 | 13876115 | 31 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
Featured News
SYA (ASX) Chart |