Australia's largest stock trading and investment forum Australia's #1 stock forum

SYR

Click for more information

2.55%

50.3¢ syrah resources limited

Mind bogging really. The issue is the Graphite price is still...

First 19 Last

Share
Profile

Follow
Ignattious

1,384 Posts.

367

15/08/23

16:33

Post #: 69351772
Share

Originally posted by klu: ↑

Value investors are buying, and some traders are covering their shorts or naked asses too. The MC is A$460m, with a US$220m (A$340m) grant and possible additional government loan. Net the grant, the MC is A$120m. Am I right?

This company has a producing mine (the largest in the world?), and a nearly-ready-to-produce factory. What really amazing for me is that it still do not have any debts and has only 675 million shares. Most producing mines may have billions both in debts and in total number shares.

Expand

Mind bogging really. The issue is the Graphite price is still artificially low. Wont rerate until the price changes.

SYR Price at posting: 64.5¢ Sentiment: Hold Disclosure: Held
6 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 20 more messages in this thread...

First 19 Last

Add SYR (ASX) to my watchlist

(20min delay)
Last 50.3¢		Change 0.013(2.55%)		Mkt cap ! $426.8M

Open	High	Low	Value	Volume
50.5¢	50.5¢	49.8¢	$564.5K	1.126M

Buyers (Bids)

No.	Vol.	Price($)
23	131936	50.0¢

Sellers (Offers)

Price($)	Vol.	No.
50.5¢	380340	23

View Market Depth

No.	Vol.	Price($)
18	84649	0.500
24	352453	0.495
17	458686	0.490
15	408146	0.485
11	252317	0.480

Price($)	Vol.	No.
0.505	217424	19
0.510	412316	15
0.515	205362	7
0.520	219912	8
0.525	261956	11

Last trade - 11.33am 21/05/2024 (20 minute delay)


Last 51.0¢			Change 0.013 ( 3.09 %)
Open	High		Low	Volume
50.0¢	51.5¢		49.8¢	466412
Last updated 11.48am 21/05/2024 ?

SYR (ASX) Chart