Pretty worrying this got so many likes when it's clearly incorrect.
The figures they're showing on slide 7 (sales price of $1,354/dmt versus cost of $1,398/dmt) is YTD... i.e. including back when they were getting much higher prices (in their Sept 2023 quarterly they got an average sales price of A$1,985/dmt with costs of A$1,231/dmt).
As of the most recent quarterly from March, they are nowhere near breakeven - they were effectively losing A$537 on every dmt sold. They might have improved the costs a bit since then, but the price hasn't moved.
Do people actually understand the quarterlies, or do they just 'like' posts that make them feel good?
Pretty worrying this got so many likes when it's clearly...
-
- There are more pages in this discussion • 22 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 SYA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $360.2M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.5¢ | 3.4¢ | $1.607M | 46.41M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 4668541 | 3.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.5¢ | 2167024 | 9 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| SYA (ASX) Chart |