sovereign risk is one reason as posted above,
another reason is "You cannot make a silk purse out of a sow's ear!"
Compare SYR project economics with MNS and all other things considered and you have what I believe an over valued company atm. This may change down the track but not right now as the share price is saying.
The chart I posted earlier was all telling IMHO.
Regards
nzrugby
Traders shifting., page-25
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 (20min delay)
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Last
51.5¢ |
Change
0.025(5.10%) |
Mkt cap ! $441.8M | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 52.3¢ | 49.8¢ | $2.679M | 5.238M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 18426 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 439282 | 8 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
51.5¢ |
Change
0.025 ( 4.10 %) |
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| Open | High | Low | Volume | ||
| 50.0¢ | 52.5¢ | 49.8¢ | 1637415 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
| SYR (ASX) Chart |