ok, i'll take a stab. because BHP and RIO's share prices are directly related to their dividends. companies like Syrah lose money in the short term but are valued on their long-term potential to generate profits. if BHP/RIO spent a couple of $B on Syrah, it would have a negative impact on their earnings and therefore their dividend and their share price would drop in the short term. CEOs are paid on share price performance in the short/medium term so they won't do this.
ok, i'll take a stab. because BHP and RIO's share prices are...
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Last
22.0¢ |
Change
-0.005(2.22%) |
Mkt cap ! $227.6M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 23.3¢ | 21.5¢ | $638.1K | 2.853M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 64122 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 11500 | 2 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| SYR (ASX) Chart |