Agree that the company really needs to get costs under control, meet production guidance and get some solid interest (contracts) for the BAM products. Even though I am not impressed with the company's performance to date there is value at these prices. Looking at comparison stocks in the ASX MNS* has a current market cap of ~$213M and are yet to have any production so has plenty more risk. Yet SYR market cap is $490M or if you stripped out cash soon hand ~$400M. So with a large quality resource, established production infrastructure, and developing customer base should the SYR sp be so low?
*NB: No dispersions on the quality of MNS here and understand they have a slightly different business model. Just makes for an interesting comparison in terns of risk and company value.
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Last
28.5¢ |
Change
-0.005(1.72%) |
Mkt cap ! $294.9M |
Open | High | Low | Value | Volume |
29.0¢ | 29.0¢ | 27.5¢ | $733.1K | 2.586M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 29998 | 28.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
29.0¢ | 212582 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 29998 | 0.285 |
9 | 105454 | 0.280 |
8 | 311479 | 0.275 |
15 | 357221 | 0.270 |
9 | 288863 | 0.265 |
Price($) | Vol. | No. |
---|---|---|
0.290 | 212582 | 6 |
0.295 | 217868 | 10 |
0.300 | 342153 | 14 |
0.305 | 385064 | 4 |
0.310 | 81043 | 8 |
Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
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SYR (ASX) Chart |