ok, i'll take a stab. because BHP and RIO's share prices are directly related to their dividends. companies like Syrah lose money in the short term but are valued on their long-term potential to generate profits. if BHP/RIO spent a couple of $B on Syrah, it would have a negative impact on their earnings and therefore their dividend and their share price would drop in the short term. CEOs are paid on share price performance in the short/medium term so they won't do this.
Possible Acquisition Target, page-5
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Last
27.8¢ |
Change
0.003(0.91%) |
Mkt cap ! $284.5M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 28.0¢ | 27.3¢ | $348.1K | 1.254M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 113493 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 90332 | 13 |
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| Last trade - 12.25pm 17/10/2024 (20 minute delay) ? |
| SYR (ASX) Chart |