Due to a dozen reasons, a lot of investors have been taking profits off the table in the last month. A few in here already have. I wish I had with LTR. 70% of the reasons have been previously pointed out by other posters. They're all global and have nothing to do specifically with the way SYR is performing.
Before Christmas, the entire EV sector, including SYR was going backwards. However SYR wasn't dropping as much as the others until yesterday when the market caught up with it. It has happened before and it will happen again as the SP marches towards $10. Nothing goes up in a straight line. I'm unconcerned.
With SYR being the last to be hit, it shows investors have more confidence in SYR's future than most others. SYR investors are a lot more sticky. The current volatility won't change a damn thing with SYR's expansion plans. They're fully funded so will keep marching on.
Media Reports, page-537
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Last
29.5¢ |
Change
-0.010(3.28%) |
Mkt cap ! $305.2M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 31.5¢ | 28.8¢ | $1.303M | 4.397M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 178939 | 5 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| SYR (ASX) Chart |