How do you not see a problem for SYR if they are not profitable?
Do you think the US gov will give SYR handouts forever to continue its loss-making operations?
They have a good resource in a good location. But the matter of fact is, quite simply, their operation is not economical.
It makes no sense to keep running the business at a loss.
What are you expecting that will change this?
Synthetic graphite is simply better and cheaper. Its unfortunate but that is the case.
Are shareholders happy to keep holding and face a yearly capital raise + dilution that covers the costs of running the show?
What do shareholders look forward to? Quarterly reports showing losses?
Happy to be corrected if i have got any of this wrong
DYOR IMO
General Discussion, page-1009
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Last
35.5¢ |
Change
-0.010(2.74%) |
Mkt cap ! $367.3M | |||
| Open | High | Low | Value | Volume |
| 35.5¢ | 37.0¢ | 35.0¢ | $2.274M | 6.355M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 189831 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 53310 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| SYR (ASX) Chart |