SYR 2.27% 21.5¢ syrah resources limited

I am actually confused why the company went for the CR. It...

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  1. 1,562 Posts.
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    I am actually confused why the company went for the CR. It served up a lot more pain for holders and strengthened the position of the shorters. Is the explanation that we have to develop the BAM factory because we have limited markets for the raw product. Cannot see why they would not have consolidated the Balama operation and production before galloping into BAM and being forced into a low level CR, unless we had some undisclosed market problems. Just getting pretty disillusioned with this investment.
 
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22.0¢ 22.0¢ 21.5¢ $72.69K 335.5K

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27 1154742 21.5¢
 

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22.0¢ 153528 11
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Last trade - 12.19pm 29/11/2024 (20 minute delay) ?
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