This is an interesting analysis and may have some merit. The aggressive shorting of SYR does not seem to be based on any fundamental weakness perceived. In fact to the contrary, SYR has some obvious strengths. Hopefully this move may allow a "white knight" to move in, question will be how long they stay "white" or will they then too join the shorters at a later time?
Thoughts on the CR and fighting the shorters, page-2
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Last
36.5¢ |
Change
0.025(7.35%) |
Mkt cap ! $377.7M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 36.5¢ | 33.5¢ | $3.404M | 9.636M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 75000 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.5¢ | 322249 | 8 |
View Market Depth
| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| SYR (ASX) Chart |