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.
At 27 cents, this is cheap for someone that takes a 7 to 10 year...
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Last
26.5¢ |
Change
-0.035(11.7%) |
Mkt cap ! $274.2M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 29.0¢ | 26.3¢ | $4.427M | 15.99M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 609965 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 75000 | 2 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| SYR (ASX) Chart |