This is an interesting analysis and may have some merit. The aggressive shorting of SYR does not seem to be based on any fundamental weakness perceived. In fact to the contrary, SYR has some obvious strengths. Hopefully this move may allow a "white knight" to move in, question will be how long they stay "white" or will they then too join the shorters at a later time?
Thoughts on the CR and fighting the shorters, page-2
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Last
31.0¢ |
Change
-0.010(3.13%) |
Mkt cap ! $320.8M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 32.0¢ | 31.0¢ | $354.3K | 1.130M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 1323258 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 261694 | 30 |
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| Last trade - 12.46pm 10/07/2024 (20 minute delay) ? |
| SYR (ASX) Chart |