How do you not see a problem for SYR if they are not profitable?
Do you think the US gov will give SYR handouts forever to continue its loss-making operations?
They have a good resource in a good location. But the matter of fact is, quite simply, their operation is not economical.
It makes no sense to keep running the business at a loss.
What are you expecting that will change this?
Synthetic graphite is simply better and cheaper. Its unfortunate but that is the case.
Are shareholders happy to keep holding and face a yearly capital raise + dilution that covers the costs of running the show?
What do shareholders look forward to? Quarterly reports showing losses?
Happy to be corrected if i have got any of this wrong
DYOR IMO
How do you not see a problem for SYR if they are not...
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Last
45.5¢ |
Change
-0.020(4.21%) |
Mkt cap ! $390.3M | |||
| Open | High | Low | Value | Volume |
| 47.5¢ | 47.8¢ | 45.5¢ | $2.777M | 6.001M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 186578 | 45.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.0¢ | 19607 | 1 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
45.5¢ |
Change
-0.020 ( 5.21 %) |
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| Open | High | Low | Volume | ||
| 47.8¢ | 47.8¢ | 45.5¢ | 1732103 | ||
| Last updated 15.59pm 29/05/2024 ? | |||||
| SYR (ASX) Chart |