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.
the buy zone, page-8
-
- There are more pages in this discussion • 400 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SYR (ASX) to my watchlist
 (20min delay)
|
|||||
|
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
| Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
| SYR (ASX) Chart |