my view is their market caps were too high
SYR has 265M shares on issue; market cap is currently $750M at $2.83 share price
380ktpa production capacity
opex $300/t
currently around 150ktpa in short term offtake agreements
150ktpa x $500/t margin / 0.75 exchange rate x .6 tax/deprec/etc = 23 cents EPS
current share price is PE ratio is 12
only short term contacts, which reduce certainty
value added strategy also, which can bring upside
http://www.asx.com.au/asxpdf/20170330/pdf/43h4psyh1k5b8q.pdf
my view is their market caps were too high SYR has 265M shares...
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Last
74.0¢ |
Change
0.035(4.96%) |
Mkt cap ! $478.7M | |||
| Open | High | Low | Value | Volume |
| 70.5¢ | 74.5¢ | 70.5¢ | $361.4K | 497.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14531 | 73.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 74.5¢ | 151632 | 3 |
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| Last trade - 16.11pm 14/07/2025 (20 minute delay) ? |
| SVM (ASX) Chart |