Investors I would not assume that SYR is a recommended buy. Have you been reading about falling prices especially now that the Chinese have dropped the 20% export tax? Have you not also read about all the excess graphite capacity.?
First SYR last reported their average selling price would be 1000/mt which is no longer even close to being realistic with decreasing market prices and Second with all the excess capacity what volume will SYR be able to sell of their graphite? Knowing that SYR will not be able to come close to selling all their capacity how much higher will SYR mining and production costs be?
I expect SYR to have big losses in next few years which then could effect their Market Cap.
Investors I would not assume that SYR is a recommended buy. Have...
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Last
35.5¢ |
Change
-0.010(2.74%) |
Mkt cap ! $367.3M | |||
| Open | High | Low | Value | Volume |
| 35.5¢ | 37.0¢ | 35.0¢ | $2.274M | 6.355M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 189831 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 53310 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| SYR (ASX) Chart |