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
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