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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Last
22.5¢ |
Change
0.025(12.5%) |
Mkt cap ! $232.8M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 22.8¢ | 20.0¢ | $775.3K | 3.579M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3500 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 421976 | 7 |
View Market Depth
| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| SYR (ASX) Chart |