SYR

3.39%

28.5¢ syrah resources limited

Ann: Becoming a substantial holder, page-42

First 42 Last

Share
Profile

Follow
marchi84

174 Posts.

11

18/03/20

13:33

Post #: 43559655
Share

Originally posted by Boges: ↑

Shaun Vernor is an idiot. Anyone in Year 12 high school studying Economics(and they don't get paid $800,000 per year like this Turkey) would know that if you flood the market with far too much excess supply, the price you get for it will drop significantly - and below your cost of production (i.e. the break-even price plus shipping costs).

And demand for EV verhicles - while strong in the long term - was simply not growing anymore than 8% to 12 % per year. And their product is cheap shitty fines - not the better priced flake. They have failed to deliver every quarter the last 12 months. Then given excuses they will get better pricing by shifting from 80:20 fines/flake to 70"30 flake - and again not delivered. I wonder whether there is something going on with Australian Super too - why on earth would you invest so much of Australian peoples hard earned super money into this company and then short sell (lend) out the shares you own which drives the share price down. Destructive to say the least.

If anyone does have money to spend, now is the time to take it over. Glencore, South 32, FMG, maybe a big battery maker, or Tesla.

This idiots have really stuffed this up. And short-sellers smell blood.

You see when they don't have to buy back the shares they have borrowed (and they don't when a company files for bankruptcy) they make a killing. But is someone (or a bunch of people do take it over - say for 60 cents or 1.10 or 1.30) the 20.25% short sold really get burned. But the fact the number has gone back up by 3% in 3 days, suggests, the shortsellers think this company is gone. Come around Anzac day (25th of April) when they release the quarter figures for 31/3/2020 we will see. If cash on hand is close to what they said it would be, they are in with a chance (as prices for Graphite will be much higher for quarter end 30/6/2020 as plants have just reopened.) Don't expect any share price driver from the plant in USA either. Still no feedback from Board as to Customers like or dislike of the product. And it is only a pilot plant doing 5,000 tonnes a year. It needs big money to scale up to 25,000 tonnes and then 50,000 tonnes a year (which they don't have).

Expand

liquidation -> asset bought by BHP, old mates all get rich in the process

SYR Price at posting: 22.5¢ Sentiment: Sell Disclosure: Not Held
2 Upvote

0 Great analysis

Reply

Top Stories

CXU

Cauldron Energy reports "excellent" uranium assays in latest drill run

NWH

NRW Holdings inks $109M deal with BHP for works at Jimblebar

IMA

Issues emerging as Australian companies tackle critical minerals challenge

TIG

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

A3D

Defence MOU for propulsion systems pushes Aurora Lab shares higher

RAG

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

SHN

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

There are more pages in this discussion • 81 more messages in this thread...

First 42 Last

Add SYR (ASX) to my watchlist

(20min delay)
Last 28.5¢		Change -0.010(3.39%)		Mkt cap ! $294.9M

Open	High	Low	Value	Volume
30.0¢	30.0¢	28.0¢	$1.469M	5.106M

Buyers (Bids)

No.	Vol.	Price($)
24	498635	28.0¢

Sellers (Offers)

Price($)	Vol.	No.
28.5¢	127651	4

View Market Depth

No.	Vol.	Price($)
14	244500	0.280
12	790436	0.275
10	252059	0.270
7	293093	0.265
6	118722	0.260

Price($)	Vol.	No.
0.285	68143	1
0.295	99886	4
0.300	960376	8
0.305	105774	2
0.310	82657	4

Last trade - 16.10pm 11/10/2024 (20 minute delay)

SYR (ASX) Chart

Ann: Becoming a substantial holder, page-42

Cauldron Energy reports "excellent" uranium assays in latest drill run

NRW Holdings inks $109M deal with BHP for works at Jimblebar

Issues emerging as Australian companies tackle critical minerals challenge

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

Defence MOU for propulsion systems pushes Aurora Lab shares higher

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Becoming a substantial holder, page-42

Top Stories

Cauldron Energy reports "excellent" uranium assays in latest drill run

NRW Holdings inks $109M deal with BHP for works at Jimblebar

Issues emerging as Australian companies tackle critical minerals challenge

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

Defence MOU for propulsion systems pushes Aurora Lab shares higher

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News