"100% right. a Microcap can’t swallow large capex like Synlait."
I don't think you understood my point but OK.
Perhaps the bigger issue is that they were meant to be providing 100k units or $2.5M worth of Future formula, a figure which, if real and was actually required, would more than utilise their full capacity at the facility. As you keep saying, it is a very small, bespoke facility. The fact that they have production capacity to offer up over a three year period suggests they don't have very high hopes for an increase in demand for their existing products.
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4.0¢ |
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Mkt cap ! $29.73M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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5 | 995721 | 4.0¢ |
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Price($) | Vol. | No. |
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4.1¢ | 210000 | 2 |
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No. | Vol. | Price($) |
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1 | 120000 | 0.041 |
5 | 995721 | 0.040 |
2 | 688591 | 0.039 |
3 | 83118 | 0.038 |
1 | 270297 | 0.037 |
Price($) | Vol. | No. |
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0.042 | 36585 | 1 |
0.043 | 160000 | 1 |
0.044 | 200000 | 1 |
0.045 | 76230 | 2 |
0.046 | 150000 | 1 |
Last trade - 09.57am 11/08/2025 (20 minute delay) ? |
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