This actually doesn't sound as crazy as it sounds.
Australian Super has a long track record of managing unlisted assets.
They have a substantial position here already and could most likely convert their notes into further equity.
Lets be real there is no way the company management can arrange a repayment of those loans with things playing out as they have both across the broader graphite market and SYR specifically.
This could get very interesting from here.
10x
This actually doesn't sound as crazy as it sounds.Australian...
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Last
20.0¢ |
Change
0.005(2.56%) |
Mkt cap ! $206.9M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 22.0¢ | 19.5¢ | $1.544M | 7.551M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 1143991 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 82241 | 6 |
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| Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
| SYR (ASX) Chart |