Graphite does not understand basic math. At half production of 160k tons at low average price of $800 US, that equates to 1.8 million aussie. That times 10 multiple is 1.8 billion well in excess of market cap. Now in 2019 production will be 3.5 K tons indicating a market cap of twice the 1.8. With Spherical plant selling product at $2000K US, earnings multiple should be closer to 20 times. Play with that number!
Graphite does not understand basic math. At half production of...
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Last
20.3¢ |
Change
-0.008(3.57%) |
Mkt cap ! $209.5M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 21.0¢ | 19.8¢ | $642.3K | 3.181M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 327685 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 373369 | 25 |
View Market Depth
| Last trade - 14.18pm 09/09/2024 (20 minute delay) ? |
| SYR (ASX) Chart |