Can someone here please give me a brief explanation of why SYR is better value than RNU when both ASX listed graphite companies have the same market cap. RNU appears to have a partnership with Mitsubishi while SYR has one with TSLA. Given Syrah is more advanced is the market placing higher expectation on RNU ( which has an Australian based resource) being more profitable in the future or are there other factors at play? Opinions welcome.
Media Reports, page-1633
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Last
32.5¢ |
Change
0.010(3.17%) |
Mkt cap ! $336.3M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 33.5¢ | 31.5¢ | $1.380M | 4.243M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 126793 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 209602 | 3 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| SYR (ASX) Chart |