SYR 3.17% 32.5¢ syrah resources limited

Media Reports, page-3358

  1. 8,001 Posts.
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    The short covering flow has clearly begun (only 110 million more shares to buy back, 18.8% of issued capital) , but the technicals still remain extremely bearish below 68 cents, hence there is still alot of selling around .

    "Technicals" versus "short covering flow" let's see who wins, because a combination of positive technicals and short covering could produce something quite spectacular if it happens.
 
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