At 27 cents, this is cheap for someone that takes a 7 to 10 year time frame.
Don't be surprised is someone takes a 10% equity stake in Syrah within the next 3 to 6 months.
Maybe a full Takeover could be on the table if price is right.
i note the directors sacrificed their fees into buying more Syrah shares recently. That may suggest they have plans in the next 6 to 12 months to find a buyer.
If so they've bought cheap. Gives shareholders some confidence.
Ann: June 2024 Quarterly Activities and Cashflow Report, page-101
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Last
26.0¢ |
Change
0.005(1.96%) |
Mkt cap ! $270.9M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 27.3¢ | 25.5¢ | $634.3K | 2.391M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 379430 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 40672 | 5 |
View Market Depth
| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| SYR (ASX) Chart |