You are absolutely 100% right alspalladium.
The strategy was always flawed and high risk. Such a big plant in an opaque and exotic market.
It was amazing that the blue chip brokers bought it all the way, and always found huge buckets of cash when needed, and took the SYR market cap to the lofty places it got to. I saw the early days, and it was indeed all down to one individual. Hell of a story with a sad outcome. Maybe it can turn around, but I don’t like the odds from here. They will burn cash quickly just standing still.
Gosouth
You are absolutely 100% right alspalladium.The strategy was...
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Last
29.5¢ |
Change
-0.010(3.28%) |
Mkt cap ! $305.2M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 31.5¢ | 28.8¢ | $1.303M | 4.397M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 178939 | 5 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| SYR (ASX) Chart |