Hi Moloch,
Like you I am happy to be wrong. I however like to use common sense. SYR is investing way too much capital to build way too much capacity. Net result is they will be forced to sell at break even or below costs for many years to come. When investors wake up and realize this SYR market value will fall.
Yes I am trying to warn investors. If investors do not want to listen I am OK. At least i warned them.
SYR is very good at getting investors to drink their kool aid. I do not believe SYR will come anywhere cost to meeting their proposed selling prices at same time SYR will not come anywhere close to selling the volumes they expect in next few years. Net result is SYR will have very high operating losses in next few years.
Time will tell who's projection is correct. I sure hope investors are prepared if SYR market value tumbles.
Hi Moloch, Like you I am happy to be wrong. I however like to...
Add SYR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
32.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $331.1M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 32.5¢ | 31.0¢ | $1.390M | 4.380M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 904701 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 360883 | 6 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| SYR (ASX) Chart |