SYR 3.03% 51.0¢ syrah resources limited

who will acquire SYR and what price will Aus Super let it go for, page-2

  1. 6,692 Posts.
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    Anything is possible.

    My view is that SYR would have a few suitors currently, some real, some 'tyre-kicking'.

    The pressure right now is on SYR and to buy SYR is to buy risk (and pressure). Graphite is yet to be proven to be profitable, by anyone - SYR will be the first to prove it (IMO).

    I understand the hope is that it gets bought today for a song of approx. $2-3 and may be worth $10-20 whenever this EV market hits its straps.

    From the purchaser's perspective, Ideally, it will be bought for a little bit more than today's rate, once those that have today's risk and pressure show positive relief - it would be silly for a purchaser to buy before that, as they can just watch at the moment and act really interested.

    Time and patience are with the purchaser(s), I feel.
 
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