SYR 5.00% 21.0¢ syrah resources limited

squid ink!!, page-10

  1. 753 Posts.
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    Hi Prime,

    An alternative explanation may be that the recent interest in the graphite sector (where a number of those you have mentioned, also BBR, have jumped by 50-100% in the last week) has caused more insto's, funds and brokers to have a good look at the sector. Today may be the day they began to enter SYR, being the best possible choice for the sector after spending the last few days researching the various participants.
    I know that management have been constantly in meetings with fundies for the past few weeks and this will only get more and more hectic as new news appears. My broker said Tolga and Paul are off on a global roadshow in the next few weeks which will include Europe, NY and Toronto. It will be interesting to see how much interest they get from US and Canadian funds once they hear the story in detail. SYR is vastly superior to any Canadian alternative, though this is obviously already recognised by its mkt cap. I wonder if Cannacord with their $7+ target is hosting the meetings?

    The Squid Ink has 3 days trading to run. If we get a new offtake announcement and the sector stays hot I would be very pleased to see my target of $4.32 hit.

    Cheers
 
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Last
21.0¢
Change
0.010(5.00%)
Mkt cap ! $217.3M
Open High Low Value Volume
20.5¢ 21.0¢ 20.0¢ $278.6K 1.346M

Buyers (Bids)

No. Vol. Price($)
9 172414 20.5¢
 

Sellers (Offers)

Price($) Vol. No.
21.0¢ 33436 2
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Last trade - 16.10pm 06/09/2024 (20 minute delay) ?
SYR (ASX) Chart
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