With the WES bid for Lynas , it shows that quality companies will look to take out world class resources...unfortunately for long suffering Syrah shareholders, it might not be at a price you like - any premium would be at around 50% to current levels....
One other positive that may play out is if the shorts start to worry that a bid is on the horizon, they may start covering those positions, which will be a positive for the stockprice
Takeover Price, page-14
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Last
22.0¢ |
Change
-0.010(4.35%) |
Mkt cap ! $232.8M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.5¢ | 21.8¢ | $592.6K | 2.639M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 40540 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 132427 | 6 |
View Market Depth
| Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
| SYR (ASX) Chart |
