SYR 3.39% 28.5¢ syrah resources limited

DFS, page-7

  1. 343 Posts.
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    Seems it went backwards from $6 to about where we are now before PK left. Not sure why you think we have gone backwards since then. We've been up again and down again, but that's no different than in earlier times - it seems to swing a long way.

    Have we gone forwards since PK left - undoubtedly, but not at the pace some would have hoped, myself included

    Pruning Jacana off has had no impact on SYR price, but has positioned SYR better for a takeover with no "shrapnel" for a new owner to bother about maintaining leases, etc, etc. SYR operational costs are reduced by that as well. Will Jacana ever get up?

    I'd like to see a first offer of $8 but that would be selling the farm way too cheaply.

    A sale at $12 may be a good time for Jacana to seek a float from existing holders - we'd all have a bit of cash to splash.
 
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