It is hype and not fact to talk about insolvency. Damaging and irresponsible. The company has over $100m USD in cash and expects cashflow break-even in a quarter or so. The demand story is not about the EV market matching the petrol car market any time soon but about the growth in the market from a very small base to a much larger level; consistent growth supported by government regulation. It's like saying in the early 90's that the mobile phone market was nothing like as big as the fixed line market and therefore to to be invested in vis a vis the materials and componentry that goes into them. You don't understand the forecast growth story in my view
Discussing valuation, page-13
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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) ? |
| SYR (ASX) Chart |
