SYR 2.22% 22.0¢ syrah resources limited

Off my watch list. Bad management is #1 reason to sell a share....

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  1. 912 Posts.
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    Off my watch list. Bad management is #1 reason to sell a share. I don't want any part of it.
    Let me quote USB research report, 4th Sept 2018:

    Considerable value if management can get it right
    While the raising of funds at a significant discount to our NPV is dilutive, Syrah has and
    continues to de-risk the project. We maintain a conservative ramp up schedule (below
    Syrah projections), yet our valuation remains ~A$4.00ps (down from A$4.38ps due to
    today's raising). This represents a significant premium to the current share price. We do
    not see fatal flaws to eventual nameplate production, but full value for the company is
    unlikely to be realised until it and positive free cash flow is achieved.
 
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Last
22.0¢
Change
-0.005(2.22%)
Mkt cap ! $232.8M
Open High Low Value Volume
22.5¢ 23.0¢ 21.5¢ $1.244M 5.635M

Buyers (Bids)

No. Vol. Price($)
4 116777 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
22.5¢ 52000 2
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Last trade - 16.10pm 25/11/2024 (20 minute delay) ?
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