Maybe the SP drops to 60c and then rebounds to $1.1 and then falls to 80c and then runs to $1.40 and then drops to $1.30 and then runs to $2.40.
Does anyone know for certain????? Lots of experts who are very confident at throwing random prices around- perhaps you better suited for the price is right.
A lot of you fear mongering shorters may not agree with me, but at least I can give my reasons why I think SYR will recover, I don't just throw around prices with smug comments- I am also trying to look forward and not just obsess about past management mistakes and tough trading conditions. Markets change and it's so easy to look back in hindsight and then extrapolate the same conditions into the future.
Agreed important to have balanced views, sometimes our biases do cloud our judgement.
I have never shied away from poor management and the poor board with their past decisions and actions- I've been really vocal about that- I was even for a special Shareholder meeting to be called, where everyone was happy to complain but take no action. At the end of the day there were only 2 of us from HC who were prepared to walk the talk and use our holding to secure this.
So I'm looking forward, and do believe the following factors are in favour of SYR:
1) Mine established and producing (fact)
2) They focused on cost reduction (wip)
3) Bam has produced unpurified spherical graphite (fact)
4) purified spherical graphite is wip
5) new sales contract with Gredman ( Fact)
6) Bam facility setup ( fact)
7) EV are the future and demand is picking up (Fact)
8) China are closing down graphite mines( Fact)
9) Australian Super have quadrupled down on SYR ( Fact) they obviously see a LT future.
10) Buffet and Musk see the long term potential of Ev and lithium ion sector.
11) Graphite and Graphene are the resources of the future- (only time will tell)
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Last
27.0¢ |
Change
0.025(10.2%) |
Mkt cap ! $279.4M |
Open | High | Low | Value | Volume |
24.5¢ | 28.0¢ | 24.0¢ | $1.969M | 7.533M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 151362 | 27.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
27.5¢ | 246841 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 151362 | 0.270 |
2 | 610200 | 0.265 |
4 | 135005 | 0.260 |
3 | 809000 | 0.255 |
9 | 826422 | 0.250 |
Price($) | Vol. | No. |
---|---|---|
0.275 | 246841 | 4 |
0.280 | 217651 | 10 |
0.285 | 81712 | 2 |
0.290 | 25000 | 2 |
0.295 | 50881 | 2 |
Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
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