Good question. I have tried to think of a few things if a country goes broke , none of which will have immediate impact on SYR.
a) The deterioting economy can produce civil unrest and even rebellion. Still it is amazing how mining continues in nasty places like the Democratic Republic of Congo. Costs would increase if mine managers have to be relocated and production impacted if mine temporarily closed at times. Possibly even mine infrastructure damaged.
b) Transport infrastructure deteriorates from lack of funding (roads, wharves, vehicles), thereby increasing costs to SYR
c) Since the company's revenue is in US$, a plunging Mozambique currency will reduce the impact of local costs on the bottom line.
- Forums
- ASX - By Stock
- SYR
- SYR SP Discussion
SYR SP Discussion, page-17
- There are more pages in this discussion • 1,443 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SYR (ASX) to my watchlist
(20min delay)
|
|||||
Last
45.0¢ |
Change
-0.005(1.10%) |
Mkt cap ! $465.7M |
Open | High | Low | Value | Volume |
46.0¢ | 47.5¢ | 45.0¢ | $2.043M | 4.431M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 529636 | 45.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
45.5¢ | 107453 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 529636 | 0.450 |
5 | 629646 | 0.445 |
15 | 588358 | 0.440 |
17 | 273837 | 0.435 |
7 | 243488 | 0.430 |
Price($) | Vol. | No. |
---|---|---|
0.455 | 107453 | 15 |
0.460 | 40995 | 3 |
0.465 | 132944 | 5 |
0.470 | 424776 | 17 |
0.475 | 188422 | 6 |
Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
|
|||||
Last
45.5¢ |
  |
Change
-0.005 ( 0.91 %) |
|||
Open | High | Low | Volume | ||
46.5¢ | 47.0¢ | 45.0¢ | 1694813 | ||
Last updated 15.59pm 06/06/2024 ? |
Featured News
SYR (ASX) Chart |