I think we should all go back and re-read last quarter report. They sold at above cost but only a portion (was it the fines??) of what they produced, the rest was stockpiled. AS I understand it they now have quite a stockpile but unwilling (probably sensibly) to sell at a loss based on the world price being pushed down by China using fossil fuels to produce artificial graphite. How long can China keep this up is the question, and/or how long until the rest of world wakes up that it is getting too beholding to China and/or trade barriers are put up. Then SYR will shine!
IMO hard to see it going into admin as it can keep producing cash if need be by selling at below cost from its stockpile if need be.
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Last
38.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $396.0M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2669 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 8333 | 2 |
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| Last trade - 07.10am 31/07/2025 (20 minute delay) ? |
| SYR (ASX) Chart |
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