Have heard from colleagues in the Port of Nacala that there are serious capacity problems with moving containers into and out of the port and that the port is experiencing delays with just their current volume. SYR are not exporting anything near their proposed container numbers at the moment just some test samples so it will be a real test for the port when they do. I sold my holding today on open but will be back in when I hear that the port container handling has improved. Wish I had sold at over $4......
Port bottleneck
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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 |