MM. I don't agree. SYR are producing mostly dust. It has been discussed on here..The money is in large flake,but SYR are banging volume product out at the expense of flake size. The more grinding and processing to achieve purity, the smaller the particle. I doubt they will ever achieve the % of large flake necessary to become profitable. As I see it, the "dust" is relatively easy to achieve and will therefore always be undervalued, especially as more producers enter the market. On top of that, as I understand it, SYR have substantial freight costs to market.
Until they develop downstream products..spherical etc and that will be years away, they are up the proverbial.IMO.
- Forums
- ASX - By Stock
- who will acquire SYR and what price will Aus Super let it go for
MM. I don't agree. SYR are producing mostly dust. It has been...
-
- There are more pages in this discussion • 238 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
|
|||||
Last
22.5¢ |
Change
-0.020(8.16%) |
Mkt cap ! $232.8M |
Open | High | Low | Value | Volume |
25.0¢ | 25.0¢ | 22.5¢ | $2.259M | 9.657M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 240034 | 22.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.5¢ | 212500 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 40090 | 0.225 |
18 | 574407 | 0.220 |
16 | 616166 | 0.215 |
17 | 256942 | 0.210 |
9 | 277351 | 0.205 |
Price($) | Vol. | No. |
---|---|---|
0.235 | 212500 | 3 |
0.240 | 120700 | 3 |
0.245 | 20000 | 1 |
0.250 | 225702 | 5 |
0.255 | 69816 | 3 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
SYR (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online