SYR 3.85% 25.0¢ syrah resources limited

Is that cap raise 81c, page-423

  1. 5,215 Posts.
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    Must admit I did expect it to drop to the 81c. Not many raises stay higher than the raised price- I can’t recall many.
    What’s people thoughts on how it’s maintained it’s price- I did expect it to be beaten down. Are the Instos keeping it high- or management or the shorts buying back driving it? Difficult stock to get a idea on. Reckon the futures bright and Syria having the early start and raising a huge advantage. Not sure how many players will actually get to the game. Same happened in lithium- early players really set themselves up beautifully and late players to the game having problems getting the cash and support.
    Last edited by Kotaredrew: 29/06/19
 
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