SYR 3.28% 29.5¢ syrah resources limited

Short selling, page-290

  1. 8,321 Posts.
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    Been taking a look at Enterprise Value (EV) of SYR last 10 qtrs, plus a rough number for current qtr.

    Current EV around $118m.

    Was dirt cheap end March, as the USD exchange rate was making the debt a lot more.Thats come back of course.

    My humble opinion is its looking very cheap when you consider the amount of capital that's been invested over the last 2 1/2 years.

    First need to get the ASX rebalance out of the way if it does impact SYR.

    Just my opinion. Do your own research.

    Please let me know if anything below does not look right. Happy to update.

    Cheers

    https://hotcopper.com.au/data/attachments/2218/2218990-125564120d9f4c8c8f3528a11f18de23.jpg

    Last edited by GARETH78: 11/06/20
 
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