Valjee, Of course lifes a gamble .
However, good companies with proven managment and potential are sometimes worth paying a premium .
Many have adopted your theory , including KL ( and this is only used for reference).
See post http://hotcopper.com.au/threads/ann-2016-agm-presentation-syr-ax.2778688/#.V0ZhfuRoCRk
On 2/11/14 SYR was $3.70 and TON $0.31
The rest is history.
Perhaps , you should read the AGM presentation today
http://hotcopper.com.au/threads/ann-2016-agm-presentation-syr-ax.2778688/#.V0Zls-RoCRk
and any notes by shareholders who attended meeting to get a full appreciation of what lies ahead for SYR.
Is Syrah's Share Price artificial ?, page-39
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Last
25.0¢ |
Change
-0.030(10.7%) |
Mkt cap ! $258.7M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 27.0¢ | 25.0¢ | $1.320M | 5.179M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 1220614 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 259858 | 3 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| SYR (ASX) Chart |