It should be interesting to see whats going to happens to the share price when the short sellers have to buy back roughly $60M worth of shares.....
I am surprised they are targeting this stock. It looks to me as the underlying intrinsic value supports at least the current price. There is some also some good upside potential.
If I were to look around the graphite sector on the ASX there are much more interesting shorting prospects IMO.
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Last
25.5¢ |
Change
-0.010(3.77%) |
Mkt cap ! $263.8M |
Open | High | Low | Value | Volume |
26.0¢ | 26.0¢ | 25.3¢ | $724.5K | 2.822M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 120089 | 25.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
26.0¢ | 146204 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 120089 | 0.255 |
38 | 711220 | 0.250 |
15 | 1098270 | 0.245 |
8 | 477916 | 0.240 |
8 | 226413 | 0.235 |
Price($) | Vol. | No. |
---|---|---|
0.260 | 146204 | 5 |
0.265 | 189643 | 6 |
0.270 | 856 | 1 |
0.275 | 153451 | 7 |
0.280 | 253033 | 8 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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SYR (ASX) Chart |