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
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Mkt cap ! $222.5M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 153239 | 21.5¢ |
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Price($) | Vol. | No. |
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22.0¢ | 98001 | 3 |
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No. | Vol. | Price($) |
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9 | 153239 | 0.215 |
12 | 247330 | 0.210 |
14 | 692432 | 0.205 |
32 | 924296 | 0.200 |
17 | 1016363 | 0.195 |
Price($) | Vol. | No. |
---|---|---|
0.220 | 98001 | 3 |
0.225 | 38379 | 2 |
0.230 | 97615 | 5 |
0.235 | 222500 | 5 |
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