While every indicator show, SYR is good buy because:
- Shorts are covering their positions (gone from 2nd most shorted shares to 6th position)
- SP is 52 week low and oversold condition
- CEO/MD still holds almost 6.75M shares and have firm commitment to hold
- US and EU strategic tariffs on Chinese EVs
- BTR Indonesia (still a Chinese subsidiary) have off take offer which will consume Balama 50% production
- Tesla 8Ktpa delivery
- DoE loan approval
- Only natural graphite company outside of China
- bla bla
The SP is still declining, where does this end ??
Last time I bough around this price, the SP jumped within weeks to 62C with Chines Graphite ban news. Will the history repeat again, well time will tell
General Discussion, page-1529
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Last
35.5¢ |
Change
-0.010(2.74%) |
Mkt cap ! $367.3M | |||
| Open | High | Low | Value | Volume |
| 35.5¢ | 37.0¢ | 35.0¢ | $2.274M | 6.355M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 189831 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 53310 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| SYR (ASX) Chart |