SYR 1.02% 49.5¢ syrah resources limited

Is that cap raise 81c, page-597

  1. 8,033 Posts.
    lightbulb Created with Sketch. 566
    Whatever unit costs were would mean nothing now anyhow.
    The company have been winging it as to production.
    Felling what their output would do to the sales price.
    at the moment they have decided at least to scale back sales
    They will in some degree have to scale back production as well.
    They have reduced there sales into China and for that are being
    paid a better sales price.....
    The size of and the ongoing dilution shows that the cashflow
    will be negative for the forseeable future.
    The Share price will be played like a fiddle so I see this being a trading stock only
    SP will probably be in the 80s next week when retail get their shares
    and start taking profits.....
    The surge over the last few days was just a sucker punch.

    Cheers
 
watchlist Created with Sketch. Add SYR (ASX) to my watchlist
(20min delay)
Last
49.5¢
Change
0.005(1.02%)
Mkt cap ! $405.6M
Open High Low Value Volume
50.5¢ 50.8¢ 49.5¢ $2.472M 4.945M

Buyers (Bids)

No. Vol. Price($)
14 187779 49.5¢
 

Sellers (Offers)

Price($) Vol. No.
50.0¢ 20000 1
View Market Depth
Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
Last
49.8¢
  Change
0.005 ( 1.30 %)
Open High Low Volume
50.3¢ 51.0¢ 49.5¢ 1246024
Last updated 15.59pm 28/03/2024 ?
SYR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.