Australia's largest stock trading and investment forum Australia's #1 stock forum

SYR

Click for more information

1.15%

43.0¢ syrah resources limited

They only dropped because they created more shares. They didn't...

First 954 Last

Share
Profile

Follow
Tinek

20 Posts.

1

01/04/24

09:08

Post #: 73133290
Share

Originally posted by randymac: ↑

They're also covering hard Sailor, shorts down 3.5% in just a week (from 17 to 13.5%), and that's 4 trading days delayed data.

Many are using this cap raising to cover and reduce their positions.

I personally think need to look through the short-term challenges and dreadful graphite price and market. It's all about the carving out of an ex-China supply chain, which after last year's export controls (and other market distorting behaviour) is now very much front and centre of Western Goverments' minds.

Watch the Offtake agreements continue to be signed, the DOE expansion funding come through, and an ex-China supply chain start to really take shape as full effects of the IRA come into force and wiser governments no longer leave themselves at the mercy of the CCP's whims and fair trade distorting practices.

There is simply no other upstream/downstream ex-china producer even close to Syrah's advanced position and capabilities.

Expand

They only dropped because they created more shares. They didn't not cover 3.5% in a week... Its still at 110 million.
I may be incorrect....I would like to be incorrect.

Last edited by Tinek: 01/04/24

SYR Price at posting: 49.5¢ Sentiment: Buy Disclosure: Held
6 Upvote

1 Great analysis

Reply

There are more pages in this discussion • 479 more messages in this thread...

First 954 Last

Add SYR (ASX) to my watchlist

(20min delay)
Last 43.0¢		Change -0.005(1.15%)		Mkt cap ! $445.0M

Open	High	Low	Value	Volume
44.5¢	45.0¢	42.0¢	$2.378M	5.512M

Buyers (Bids)

No.	Vol.	Price($)
6	326692	42.5¢

Sellers (Offers)

Price($)	Vol.	No.
43.5¢	12792	2

View Market Depth

No.	Vol.	Price($)
6	326692	0.425
22	376254	0.420
9	206934	0.415
10	487018	0.410
6	49152	0.405

Price($)	Vol.	No.
0.435	12792	2
0.440	279092	3
0.445	162661	5
0.450	270305	16
0.455	144200	4

Last trade - 16.10pm 11/06/2024 (20 minute delay)


Last 43.0¢			Change -0.005 ( 2.29 %)
Open	High		Low	Volume
44.5¢	44.5¢		42.0¢	1817561
Last updated 15.59pm 11/06/2024 ?

SYR (ASX) Chart