It should be interesting to see whats going to happens to the share price when the short sellers have to buy back roughly $60M worth of shares.....
I am surprised they are targeting this stock. It looks to me as the underlying intrinsic value supports at least the current price. There is some also some good upside potential.
If I were to look around the graphite sector on the ASX there are much more interesting shorting prospects IMO.
SYR SP Discussion, page-348
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Last
22.5¢ |
Change
0.005(2.27%) |
Mkt cap ! $232.8M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 23.5¢ | 22.5¢ | $406.0K | 1.779M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 230650 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 61000 | 2 |
View Market Depth
| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| SYR (ASX) Chart |