SYR 10.7% 25.0¢ syrah resources limited

Ann: Syrah Sales and Marketing Update, page-40

  1. 2,037 Posts.
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    What has changed in 18 months? or should i ask
    Is the global market for graphite less valuable today than it was 18 months ago? (No)
    Is the likelihood of an EV revolution more confirmed now than it was 18 months ago? (Yes)
    what is all this talk about SYR being overpriced at $4.75. They are now in production. Now making sales. Now receiving payments.
    18 months ago, Institutions forked out $194m on 20/6/16 at $6.05,  hoping to be where we are today.
    I am guessing a lot of those shares were lent to shorters.
    this thread has been reduced to down ramping by shorters IMO
    shorts have reduced about 1% the last month and the sp gone up 7%
    shorters need to buy back 20% of the total listed shares or go broke

    if the sp goes up 7% for every 1% drop in shorts and 20% are still outstanding then shorters are in Big trouble and will want to suppress the SP for as long as they can until they unwind their positions.

    Me, I'm Long.

    DYOR, IMO

    syrsht.GIF
 
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Buyers (Bids)

No. Vol. Price($)
30 1220614 25.0¢
 

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Price($) Vol. No.
25.5¢ 259858 3
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